Blackbaud Inc. (NASDAQ:BLKB) stock is trading near its 52-week high of $63.27. The current price level is important for investors who buy stocks when the price exceeds its 52-week high, based on the feeling that if price breaks out from that level, there will be a “momentum” to bet for a favorable price movement.
This mid-cap stock provides software solutions and related services for nonprofit, charitable giving, and education communities worldwide. Among their recent initiatives, it has launched the first upgrade to its cloud-based solution eTapestry CRM, introducing analytics features that will benefit smaller non-profit organizations, reducing costs and providing flexibility. Continue Reading »