Zacks Investment Research downgraded shares of Accelerize (OTCBB:ACLZ) from a hold rating to a sell rating in a report released on Tuesday.

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) remained flat at $$0.30 during mid-day trading on Tuesday. The company’s stock had a trading volume of 70 shares, compared to its average volume of 39,334. The stock has a market capitalization of $19.66, a price-to-earnings ratio of -5.00, a PEG ratio of 1.08 and a beta of 2.30. Accelerize has a 12-month low of $0.25 and a 12-month high of $0.51. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of -1.08.

Accelerize (OTCBB:ACLZ) last issued its quarterly earnings data on Wednesday, November 15th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $6.07 million during the quarter, compared to analysts’ expectations of $6.10 million. research analysts forecast 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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