Shares of Marsh & McLennan Companies (MMC) Drops by -0.97%

Marsh & McLennan Companies (MMC) has risen sharply, recording gains of 1% in the past 4 weeks. However, the stock has corrected -0.97% in the past 1 week, providing a good buying opportunity on dips. Marsh & McLennan Companies (MMC) : During the past 4 weeks, traders have been relatively bearish on Marsh & McLennan Companies (MMC), hence the stock is down -3.23% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.43% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.05% and the 50-Day Moving Average is 1.63%.

Marsh & McLennan Companies (NYSE:MMC): The stock opened at $67.14 on Friday but the bulls could not build on the opening and the stock topped out at $67.14 for the day. The stock traded down to $66.48 during the day, due to lack of any buying support eventually closed down at $66.52 with a loss of -0.66% for the day. The stock had closed at $66.96 on the previous day. The total traded volume was 3,539,835 shares.


The company Insiders own 1.51% of Marsh & McLennan Companies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.38% . Institutional Investors own 86.88% of Marsh & McLennan Companies shares. During last six month period, the net percent change held by insiders has seen a change of -15.97%. In a related news, The Securities and Exchange Commission has divulged that Marques Maria Silvia Bastos, director of Marsh & Mclennan Companies, Inc., had unloaded 001 shares at an average price of $66.17 in a transaction dated on June 1, 2016. The total value of the transaction was worth $066.

Marsh and McLennan Companies, Inc. is a professional services firm. The Company operates as two business segments: Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment provides risk management activities and insurance broking, reinsurance broking and insurance program management services for businesses, public entities, insurance companies, associations, professional services organizations and private clients. The Company conducts business in this segment through Marsh and Guy Carpenter. The Company conducts business in its Consulting segment through two main business groups: Mercer, provides consulting expertise, advice, services and solutions in the areas of health, retirement, talent and investments, and Oliver Wyman Group, provides specialized management and economic and brand consulting services.

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