Zacks Investment Research lowered shares of Accelerize Inc (NASDAQ:ACLZ) from a hold rating to a strong sell rating in a report published on Wednesday.

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. “

Shares of Accelerize (ACLZ) opened at $0.29 on Wednesday. Accelerize has a 12-month low of $0.25 and a 12-month high of $0.58.

Accelerize (NASDAQ:ACLZ) last announced its quarterly earnings results on Wednesday, August 9th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $5.99 million during the quarter, compared to the consensus estimate of $6.40 million.

COPYRIGHT VIOLATION NOTICE: This report was published by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://www.watchlistnews.com/accelerize-inc-aclz-downgraded-by-zacks-investment-research-to-strong-sell/1696976.html.

About Accelerize

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.

Get a free copy of the Zacks research report on Accelerize (ACLZ)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Accelerize Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accelerize Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.