Accelerize (ACLZ) Cut to “Sell” at Zacks Investment Research

Zacks Investment Research cut shares of Accelerize (OTCBB:ACLZ) from a hold rating to a sell rating in a research note issued to investors 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 (OTCBB:ACLZ) traded down $0.02 during trading on Tuesday, reaching $0.28. 35,280 shares of the company traded hands, compared to its average volume of 39,334. The company has a market cap of $18.41, a P/E ratio of -4.68, a P/E/G ratio of 1.20 and a beta of 2.30. Accelerize has a one year low of $0.25 and a one year high of $0.51. 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 (OTCBB:ACLZ) last announced its quarterly earnings results on Wednesday, November 15th. The company reported ($0.01) EPS for the quarter. The company had revenue of $6.07 million during the quarter, compared to analyst estimates of $6.10 million. analysts anticipate that Accelerize will post -0.01 earnings per share for the current fiscal year.

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Accelerize Company Profile

Accelerize Inc owns and operates CAKE and, 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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