On Assignment, Inc. (ASGN) Shares Up 2.3%
On Assignment, Inc. (NASDAQ:ASGN)’s share price shot up 2.3% during trading on Thursday . The company traded as high as $39.77 and last traded at $39.53, with a volume of 215,144 shares traded. The stock had previously closed at $38.66.
Separately, Zacks Investment Research downgraded shares of On Assignment from a “buy” rating to a “hold” rating in a report on Wednesday, June 15th.
The company has a 50-day moving average price of $37.31 and a 200-day moving average price of $36.21. The firm has a market capitalization of $2.11 billion and a P/E ratio of 27.85.
In related news, COO Michael Mcgowan sold 8,000 shares of the business’s stock in a transaction 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 in the company, valued at $7,664,141.83. The sale was disclosed in a filing with the SEC, which is available through this link.
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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