Accelerize Inc (NASDAQ:ACLZ) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” 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 (NASDAQ:ACLZ) remained flat at $0.30 during midday trading on Tuesday. 9,550 shares of the stock traded hands. Accelerize has a 52 week low of $0.21 and a 52 week high of $0.60. The stock has a 50 day moving average price of $0.39 and a 200 day moving average price of $0.37. The stock’s market capitalization is $19.54 million.

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About Accelerize

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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