Zacks Investment Research lowered shares of Accelerize Inc (NASDAQ:ACLZ) from a hold rating to a strong sell rating in a report released on Wednesday 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. “
Shares of Accelerize (NASDAQ:ACLZ) traded up $0.01 during midday trading on Wednesday, reaching $0.29. 47,727 shares of the company were exchanged, compared to its average volume of 21,794. Accelerize has a 52-week low of $0.25 and a 52-week high of $0.58.
Accelerize (NASDAQ:ACLZ) last issued its quarterly earnings data on Wednesday, August 9th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $5.99 million for the quarter, compared to analysts’ expectations of $6.40 million.
ILLEGAL ACTIVITY WARNING: “Zacks Investment Research Lowers Accelerize Inc (ACLZ) to Strong Sell” was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://stocknewstimes.com/2017/11/11/zacks-investment-research-lowers-accelerize-inc-aclz-to-strong-sell.html.
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.
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 MarketBeat.com's FREE daily email newsletter.