On Friday, Marsh & McLennan Cos., Inc. (NYSE: MMC) opened higher 0.83% from the last session, before settling in for the closing price of $208.26. Price fluctuations for MMC have ranged from $174.26 to $211.53 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 8.88%. Company’s average yearly earnings per share was noted 9.09% at the time writing. With a float of $493.06 million, this company’s outstanding shares have now reached $493.53 million.
The extent of productivity of a business whose workforce counts for 85000 workers is very important to gauge.
Marsh & McLennan Cos., Inc. (MMC) Insider Updates
A key investor’s attitude towards the stock of the Insurance Brokers industry is another important factor to consider. The insider ownership of Marsh & McLennan Cos., Inc. is 0.09%, while institutional ownership is 91.40%. The most recent insider transaction that took place on May 17 ’24, was worth 455,772. In this transaction SVP, Chief Information Officer of this company sold 2,169 shares at a rate of $210.13, taking the stock ownership to the 13,030 shares. Before that another transaction happened on Mar 14 ’24, when Company’s Vice President and Controller sold 1,461 for $209.16, making the entire transaction worth $305,583. This insider now owns 2,923 shares in total.
Marsh & McLennan Cos., Inc. (MMC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 9.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.10% during the next five years compared to 18.44% growth over the previous five years of trading.
Marsh & McLennan Cos., Inc. (NYSE: MMC) Trading Performance Indicators
Check out the current performance indicators for Marsh & McLennan Cos., Inc. (MMC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.45. Likewise, its price to free cash flow for the trailing twelve months is 26.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.87, a number that is poised to hit 2.40 in the next quarter and is forecasted to reach 9.50 in one year’s time.
Technical Analysis of Marsh & McLennan Cos., Inc. (MMC)
The latest stats from [Marsh & McLennan Cos., Inc., MMC] show that its last 5-days average volume of 1.21 million was inferior to 1.65 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 83.83%. Additionally, its Average True Range was 2.58.
During the past 100 days, Marsh & McLennan Cos., Inc.’s (MMC) raw stochastic average was set at 93.37%, which indicates a significant increase from 84.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.07% in the past 14 days, which was higher than the 14.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $203.71, while its 200-day Moving Average is $197.89. Now, the first resistance to watch is $210.85. This is followed by the second major resistance level at $211.71. The third major resistance level sits at $212.41. If the price goes on to break the first support level at $209.29, it is likely to go to the next support level at $208.58. Assuming the price breaks the second support level, the third support level stands at $207.72.
Marsh & McLennan Cos., Inc. (NYSE: MMC) Key Stats
There are currently 492,724K shares outstanding in the company with a market cap of 103.64 billion. Presently, the company’s annual sales total 22,736 M according to its annual income of 3,756 M. Last quarter, the company’s sales amounted to 6,473 M and its income totaled 1,400 M.
