On Assignment, Inc. (ASGN) Trading Up 6.1%
On Assignment, Inc. (NASDAQ:ASGN) shares were up 6.1% during trading on Friday . The company traded as high as $37.16 and last traded at $37.13, with a volume of 470,918 shares changing hands. The stock had previously closed at $34.99.
Separately, Zacks Investment Research upgraded On Assignment from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research report on Wednesday, June 22nd.
The stock has a market capitalization of $1.97 billion and a PE ratio of 25.94. The company’s 50-day moving average price is $37.09 and its 200-day moving average price is $36.56.
In related news, COO Michael Mcgowan sold 8,000 shares of On Assignment stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $37.01, for a total transaction of $296,080.00. Following the completion of the sale, the chief operating officer now owns 207,083 shares of the company’s stock, valued at $7,664,141.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
On Assignment, Inc is a provider of professionals in the technology, life sciences and creative sectors. The Company matches people into positions for contract, contract-to-hire and direct hire assignments. Its operating segments include the Apex Segment and the Oxford Segment. The Apex Segment provides a spectrum of technical and scientific professionals for contract, contract-to-hire and permanent placement positions to Fortune 1000 and mid-market clients across the United States.
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