Accelerize Inc (NASDAQ:ACLZ) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report issued 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) traded up 0.0000% during mid-day trading on Tuesday, hitting $0.2999. The company has a 50-day moving average price of $0.29 and a 200-day moving average price of $0.31. The company’s market capitalization is $19.65 million. Accelerize has a 52-week low of $0.25 and a 52-week high of $0.58.

Accelerize (NASDAQ:ACLZ) last announced its quarterly earnings data on Wednesday, August 9th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $5.99 million during the quarter, compared to the consensus estimate of $6.40 million. Equities analysts anticipate that Accelerize will post ($0.01) earnings per share for the current year.

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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.

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