Investing and Global Finance News

IT Services Industry: Computer Task Group Inc.

Computer Task group, Inc. supplies IT solutions and staffing services mainly in Europe and North America. CTG’s services include selection and implementation of software packages. The company also makes and integrates new software systems and develops customized software solutions.

The company provides solutions for health information management, medical care management, medical fraud, insurance assessments, and abuse detection and repair. CTG also helps start-ups.

Computer Task Group retains staff for technology service providers and for other companies that don’t have the IT staff to cover its needs. CTG serves the following industries: energy, financial, healthcare and technology.

Some of the mangers of Computer Task Group are Filip J.L. Gyde, Arthur W. Crumlish, and Peter P. Radetich.

Some of its competitors are: CIBER, Inc. (CBR) and Analysts International Corp. While the Ciber and Analysts International’s stocks are declining, the Computer Task Group stock is doing well.  CTG’s stock has been rising since its low of $9.79 on September 22. At closing today, on December 19, the stock was at $13.34. It seems to be on the upswing. In addition, on November 9, 2011, Northland Securites initiated a position on CTG and rated the stock as “outperform.” I believe that this stock is worth analyzing and perhaps buying.

Disclaimer: The information in this article is insufficient to base investment decisions on. All decisions should be based on a thorough analysis of the investment.

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