NEW YORK (

TheStreet

) --

On Assignment

(Nasdaq:

ASGN

) hit a new 52-week high Tuesday as it is currently trading at $11.95, above its previous 52-week high of $11.94 with 177,552 shares traded as of 12:15 p.m. ET. Average volume has been 215,400 shares over the past 30 days.

On Assignment has a market cap of $417.3 million and is part of the

services

sector and

diversified services

industry. Shares are up 1.3% year to date as of the close of trading on Monday.

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 161.7, above the average diversified services industry P/E ratio of 141.5 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

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

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null