DUOT Stock Overview
Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions in North America.
Duos Technologies Group, Inc. Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$4.06|
|52 Week High||US$7.29|
|52 Week Low||US$3.10|
|1 Month Change||-0.98%|
|3 Month Change||-1.22%|
|1 Year Change||-34.73%|
|3 Year Change||-43.14%|
|5 Year Change||-89.06%|
|Change since IPO||-99.98%|
Recent News & Updates
Duos Technologies commences stock offering, updates Q3 revenue guidance
Duos Technologies (NASDAQ:DUOT) on Monday said it had commenced a private investment in public equity (PIPE) stock offering, while updating its Q3 revenue guidance to incorporate Hurricane Ian's impact. The company said in conjunction with the PIPE offering, it entered into a securities purchase agreement on Friday with five investors. As per the securities purchase agreement, four investors bought a total of 818K shares at $3 per share, while one investor bought about 1K shares of a newly authorized preferred stock. DUOT has got gross proceeds of about $3.45M and expects to get up to another $1.5M if the offering gets fully subscribed, the company said in a statement. DUOT said it intends to use the proceeds to support a planned business expansion. The company also said as a result of supply chain issues as well as Hurricane Ian's impact, it now expected Q3 revenue of $3.5M to $4M, compared to a consensus revenue estimate of $5.84M. DUOT reaffirmed its 2022 revenue guidance of $16.5M to $18M, vs. consensus of $16.80M. DUOT stock closed +11.2% at $4.06 on Friday.
Duos Technologies GAAP EPS of -$0.22, revenue of $3.62M
Duos Technologies press release (NASDAQ:DUOT): Q2 GAAP EPS of -$0.22. Revenue of $3.62M (+456.9% Y/Y). Cash and cash equivalents at June 30, 2022 totaled $6.27M compared to $0.89M at December 31, 2021.
|DUOT||US Software||US Market|
Return vs Industry: DUOT underperformed the US Software industry which returned -33.2% over the past year.
Return vs Market: DUOT underperformed the US Market which returned -23.2% over the past year.
|DUOT Average Weekly Movement||9.2%|
|Software Industry Average Movement||8.7%|
|Market Average Movement||6.8%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: DUOT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: DUOT's weekly volatility (9%) has been stable over the past year.
About the Company
Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions in North America. Its technology platforms used in its solutions include centraco, an enterprise information management system; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications, as well as Praesidium to manage various image capture devices and some sensors for input into the centraco software. The company’s proprietary applications include Railcar Inspection Portal for the automated inspection of freight and transit trains while in motion; Vehicle Undercarriage Examiner to inspect the undercarriage of railcars; Thermal Undercarriage Examiner; Enterprise Command and Control Suite for information consolidation, connectivity, and communications; and Automated Logistics Information Systems, a proprietary intelligent system to automate security gate operations.
Duos Technologies Group, Inc. Fundamentals Summary
|DUOT fundamental statistics|
Is DUOT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DUOT income statement (TTM)|
|Cost of Revenue||US$11.80m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.09|
|Net Profit Margin||-63.13%|
How did DUOT perform over the long term?See historical performance and comparison