Accelerize Inc (ACLZ) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Accelerize Inc (NASDAQ:ACLZ) from a strong sell rating to a hold rating in a research note issued to investors on Tuesday morning.

According to Zacks, “Accelerize Inc. is an online based media and customer acquisition solutions provider. It owns and operates CAKE, a software-as-a-service enterprise platform providing online tracking and analytics solutions for advertisers, affiliate marketers, and lead generators. The Company also offers cupCAKE, a campaign management solution for small and medium sized affiliate marketers. Accelerize Inc., formerly known as Accelerize New Media, Inc., is headquartered in Newport Beach, California. “

Accelerize (NASDAQ:ACLZ) traded up 0.00000% during trading on Tuesday, reaching $0.28234. The stock’s 50-day moving average price is $0.29 and its 200-day moving average price is $0.31. The stock’s market cap is $18.50 million. Accelerize has a 1-year low of $0.25 and a 1-year high of $0.58.

Accelerize (NASDAQ:ACLZ) last posted its quarterly earnings results on Wednesday, August 9th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $5.99 million during the quarter, compared to the consensus estimate of $6.40 million. On average, equities research analysts predict that Accelerize will post ($0.01) EPS for the current fiscal year.

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Accelerize Company Profile

Accelerize Inc owns and operates CAKE and getcake.com, a marketing technology that provides a suite of marketing intelligence tools. The Company’s software-as-a service (SaaS) is an enterprise solution, which provides online tracking and analytics solutions for advertisers and online marketers. The Company provides software solutions for businesses interested in optimizing their digital advertising spend.

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