On Assignment (ASGN) Shares are Up 0.61%

On Assignment (ASGN) : Traders are bullish on On Assignment (ASGN) as it has outperformed the S&P 500 by a wide margin of 4.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.1%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.61% in the last 1 week, and is up 4.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.33% and the 50-Day Moving Average is 2.93%.The 200 Day SMA reached 1.02%. On Assignment Inc. is up 1.78% in the last 3-month period. Year-to-Date the stock performance stands at -14.97%.


On Assignment (NYSE:ASGN): After opening at $38.02, the stock dipped to an intraday low of $37.54 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38.39 and the buying power remained strong till the end. The stock closed at $38.22 for the day, a gain of 1.46% for the day session. The total traded volume was 312,312. The stocks close on the previous trading day was $37.67.

On Assignment, Inc. is a global provider of professionals in the information technology (IT), engineering and life sciences sectors. The Company matches people into positions for contract, contract-to-hire and direct hire assignments. Its operating segments include Apex, Oxford and Life Sciences Europe. The Apex Segment provides information technology and scientific staffing professionals for contract, contract-to-hire and permanent placement positions. The Oxford Segment provides contract and direct placement services of information technology and engineering professionals in specialized information technology, software and hardware engineering, and mechanical, electrical, validation and telecommunications engineering fields. The Life Sciences Europe Segment provides locally-based contract life science professionals to clients in the biotechnology, pharmaceutical, food and beverage, medical device, personal care, chemical, automotive, educational and environmental industries.

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