NEW YORK (

TheStreet

) --

On Assignment

(Nasdaq:

ASGN

) hit a new 52-week high Thursday as it is currently trading at $11.92, above its previous 52-week high of $11.90 with 116,957 shares traded as of 12:34 p.m. ET. Average volume has been 252,500 shares over the past 30 days.

On Assignment has a market cap of $379.7 million and is part of the

services

sector and

diversified services

industry. Shares are up 40.1% year to date as of the close of trading on Wednesday.

On Assignment, Inc., a diversified professional staffing firm, provides flexible and permanent staffing solutions in the United States, Europe, Canada, Australia, New Zealand, and Bermuda. It operates in four segments: Life Sciences, Healthcare, Physician, and IT and Engineering. The company has a P/E ratio of 156.6, above the average diversified services industry P/E ratio of 128.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates On Assignment as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. You can view the full

On Assignment Ratings Report

.

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