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Blackbaud Inc Shares Down 28.6% Since SmarTrend's Sell Call (BLKB)

By Amy Schwartz

SmarTrend identified a Downtrend for Blackbaud Inc (NASDAQ:BLKB) on October 2nd, 2018 at $98.71. In approximately 1 month, Blackbaud Inc has returned 28.61% as of today's recent price of $70.47.

In the past 52 weeks, shares of Blackbaud Inc have traded between the current low of $0.00 and a high of $120.35 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.5% while the 200-day MA has slid 0.6%.

Blackbaud, Inc. provides software and related services designed specifically for non-profit organizations. The Company's products and services enable non-profit organizations to increase donations, reduce fundraising costs, improve communication with constituents, manage their finances, and optimize internal operations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Blackbaud Inc.

Log in and add Blackbaud Inc (BLKB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights blackbaud inc

Ticker(s): BLKB