ASGN Incorporated (NYSE:ASGN) Relative Strength Index (RSI) is 62.39, with weekly volatility at 4.63% and ATR at 3.31. The ASGN stock’s 52-week price range has touched low of $29.04 and a $100.97 high. Intraday shares traded counted 0.21 million, which was 7.06% higher than its 30-day average trading volume of 226.36K. Its shares traded higher over the last trading session, gaining 1.36% on 02/16/21. The shares fell to a low of $92.51 before closing at $94.34. ASGN’s previous close was $93.07 while the outstanding shares total 52.50M. The firm has a beta of 2.19, a 12-month trailing P/E ratio of 25.06, and a growth ratio of 2.51.
Investors have identified the Staffing & Employment Services company ASGN Incorporated as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.00 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
ASGN Incorporated (ASGN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 934.7 million total, with 389.4 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 5.81 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ASGN sounds very interesting.
Is the stock of ASGN attractive?
In related news, President, Apex Systems, BLAZER RANDOLPH C sold 10,000 shares of the company’s stock in a transaction that recorded on Feb 12. The sale was performed at an average price of 93.03, for a total value of 930,340. As the sale deal closes, the President, Apex Systems, BLAZER RANDOLPH C now sold 6,479 shares of the company’s stock, valued at 538,516. Also, Director, Sheridan Edwin A. sold 43,159 shares of the company’s stock in a deal that was recorded on Nov 24. The shares were price at an average price of 82.09 per share, with a total market value of 3,543,039. Following this completion of acquisition, the Director, Callaghan Brian J. now holds 53,190 shares of the company’s stock, valued at 4,377,133. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.
4 out of 7 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on ASGN Incorporated. 0 analysts has assigned a Sell rating on the ASGN stock. The 12-month mean consensus price target for the company’s shares has been set at $100.17.