Extremely significant negative changes in ASGN Inc (NYSE: ASGN) investment behavior have recently occurred: its longer term price trend turned down, its shorter term price trend turned down, and the stock fell on very heavy volume.
ASGN Inc (NYSE: ASGN) suffers from marginal negative changes in fundamentals: significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ASGN has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. ASGN has a slightly negative Appreciation Score of 35 and a poor Power Rating of 21, triggering the Lowest Value Trend Rating.
Recent Price Action
ASGN Inc (NYSE: ASGN) stock declined slightly by -0.7% on 11/21/24. The stock closed at $84.50. Moreover, this decline was accompanied by exceptionally high trading volume at 497% of normal. Relative to the market the stock has been weak over the last nine months and has declined -11.4% during the last week.
Be the first to comment