Accelerize Rating Lowered to Sell at Zacks (ACLZ)

Accelerize (NASDAQ:ACLZ) was downgraded by Zacks from a “hold” rating to a “sell” rating in a research note issued on Monday.

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. “

Accelerize (NASDAQ:ACLZ) traded down 2.68% on Monday, hitting $1.45. The stock had a trading volume of 1,000 shares. Accelerize has a one year low of $0.87 and a one year high of $1.80. The stock’s 50-day moving average is $1. and its 200-day moving average is $1..

Accelerize (NASDAQ:ACLZ) last posted its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.01. Analysts expect that Accelerize will post $-0.08 EPS for the current fiscal year.

Separately, analysts at Aegis initiated coverage on shares of Accelerize in a research note on Tuesday, May 5th. They set a “buy” rating on the stock.

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 (NASDAQ:ACLZ) is an enterprise solution providing online tracking and analytics solutions for advertisers and online marketers.

To get a free copy of the research report on Accelerize (ACLZ), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com

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Accelerize Rating Lowered to Sell at Zacks (ACLZ)