Zacks Investment Research Downgrades Accelerize (OTCBB:ACLZ) to Sell

Accelerize (OTCBB:ACLZ) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday, January 9th.

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 (OTCBB ACLZ) remained flat at $$0.33 during mid-day trading on Tuesday. 650 shares of the company were exchanged, compared to its average volume of 32,600. The company has a debt-to-equity ratio of -1.08, a current ratio of 0.61 and a quick ratio of 0.61. Accelerize has a one year low of $0.25 and a one year high of $0.50. The firm has a market capitalization of $21.29, a PE ratio of -5.42, a P/E/G ratio of 1.12 and a beta of 2.30.

Accelerize (OTCBB:ACLZ) last issued its quarterly earnings results on Wednesday, November 15th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $6.07 million during the quarter, compared to analysts’ expectations of $6.10 million. research analysts expect that Accelerize will post -0.01 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright legislation. The original version of this piece can be accessed at https://stocknewstimes.com/2018/01/17/accelerize-aclz-downgraded-to-sell-at-zacks-investment-research.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.

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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accelerize and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply