NEW YORK (

TheStreet

) --

On Assignment

(Nasdaq:

ASGN

) hit a new 52-week high Tuesday as it is currently trading at $12.48, above its previous 52-week high of $12.43 with 45,182 shares traded as of 9:40 a.m. ET. Average volume has been 214,400 shares over the past 30 days.

On Assignment has a market cap of $441.3 million and is part of the

services

sector and

diversified services

industry. Shares are up 6% 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 169.3, above the average diversified services industry P/E ratio of 149.6 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, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. 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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