NEW YORK (

TheStreet

) --

Convio

(Nasdaq:

CNVO

) hit a new 52-week high Wednesday as it is currently trading at $16.02, above its previous 52-week high of $15.98 with 605,229 shares traded as of 11:46 a.m. ET. Average volume has been 321,300 shares over the past 30 days.

Convio has a market cap of $295.8 million and is part of the

technology

sector and

computer software & services

industry. Shares are up 44% year to date as of the close of trading on Tuesday.

Convio, Inc. provides on-demand constituent engagement solutions that enable nonprofit organizations (NPOs) to raise funds, advocate for change, and cultivate relationships with donors, activists, volunteers, alumni, and other constituents in North America. The company has a P/E ratio of 132.6, above the average computer software & services industry P/E ratio of 122.4 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Convio as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. You can view the full

Convio Ratings Report

.

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