Duos Technologies (DUOT) Shares Soar 7.16% on Sixth Consecutive Gain

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 29, 2025 6:44 pm ET1min read
DUOT--

Duos Technologies (DUOT) shares surged 7.16% today, marking the sixth consecutive day of gains, with a cumulative increase of 35.77% over the past six days. The stock price reached its highest level since January 2025, with an intraday gain of 12.36%.

APR Energy has secured a 150MW contract in Mexico, and its ongoing service agreement with Duos TechnologiesDUOT-- remains in place. While the direct financial impact on DUOTDUOT-- is not specified, this project could have implications for DUOT given its service agreement with APR Energy.

Ascendiant Capital Markets has raised the price target for Duos Technologies Group Inc (DUOT) to $9.00, reflecting positive expectations for the stock's performance. This adjustment, coupled with a 6.4% increase in the stock price, indicates strong investor sentiment towards the company.

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