Blackbaud Inc. (BLKB) Soars 5.99% on February 07

Blackbaud Inc. (BLKB) Soars 5.99% on February 07

Blackbaud Inc. (BLKB) had a good day on the market for Thursday February 07 as shares jumped 5.99% to close at $71.29. About 1.6 million shares traded hands on 15,245 trades for the day, compared with an average daily volume of n/a shares out of a total float of 48.57 million. After opening the trading day at $65.05, shares of Blackbaud Inc. stayed within a range of $74.46 to $65.01.

With today’s gains, Blackbaud Inc. now has a market cap of $3.46 billion.

The stock has a P/E Ratio of 53.6. Shares of Blackbaud Inc. have been trading within a range of $120.35 and $58.23 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Founded in 1981, Blackbaud is a global provider of constituent relationship-management, marketing, and financial-management software for the philanthropic, nonprofit, and higher education markets. The company is currently sunsetting and migrating many of its on-premises solutions to cloud-based delivery. Every year the firm helps clients handle more than $100 billion across its software solutions. Blackbaud operates in over 50 countries and has more than 40,000 customers.

Blackbaud Inc. is based out of Charleston, SC and has some 3,182 employees. Its CEO is Michael P. Gianoni.

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