On Assignment, Inc. (ASGN) Trading 2.3% Higher
On Assignment, Inc. (NASDAQ:ASGN) traded up 2.3% during mid-day trading on Thursday . The company traded as high as $39.77 and last traded at $39.53, with a volume of 215,144 shares changing hands. The stock had previously closed at $38.66.
Separately, Zacks Investment Research lowered On Assignment from a “buy” rating to a “hold” rating in a research report on Wednesday, June 8th.
The stock’s 50 day moving average price is $37.32 and its 200-day moving average price is $36.19. The company has a market cap of $2.12 billion and a P/E ratio of 27.99.
In other news, COO Michael Mcgowan sold 8,000 shares of On Assignment stock in a transaction on Wednesday, June 15th. The stock was sold at an average price of $37.01, for a total value 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 sale was disclosed in a document filed with the SEC, which is available through 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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