Marsh & McLennan Companies Inc. (MMC) Moves Higher on Volume Spike for January 31

Equities Staff  |

Marsh & McLennan Companies Inc. (MMC) traded on unusually high volume on Jan. 31, as the stock gained 5.29% to close at $88.19. On the day, Marsh & McLennan Companies Inc. saw 3.68 million shares trade hands on 29,395 trades. Considering that the stock averages only a daily volume of 1.75 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $89.59 and $74.30 over the last 52-weeks, its 50-day SMA is now $82.78, and its 200-day SMA $82.40. Marsh & McLennan Companies Inc. has a P/B ratio of 5.96. It also has a P/E ratio of 28.1.

Marsh & McLennan is a professional-services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy).

Headquartered in New York, NY, Marsh & McLennan Companies Inc. has 65,000 employees and is currently under the leadership of CEO Daniel S. Glaser.

For a complete fundamental analysis analysis of Marsh & McLennan Companies Inc., check out Equities.com’s Stock Valuation Analysis report for MMC.

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To get more information on Marsh & McLennan Companies Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: MMC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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