On Assignment, Inc. (ASGN) Shares Gap Up to $37.69
On Assignment, Inc. (NASDAQ:ASGN)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $37.42, but opened at $37.69. On Assignment shares last traded at $38.57, with a volume of 180,031 shares traded.
Separately, Zacks Investment Research lowered shares of On Assignment from a “buy” rating to a “hold” rating in a report on Wednesday, June 8th.
The firm has a 50-day moving average price of $37.16 and a 200 day moving average price of $36.36. The stock has a market capitalization of $2.05 billion and a P/E ratio of 27.03.
In other news, COO Michael Mcgowan sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of $37.01, for a total transaction of $296,080.00. Following the transaction, the chief operating officer now directly owns 207,083 shares of the company’s stock, valued at $7,664,141.83. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
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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