Marsh & McLennan Companies, Inc. (MMC) is a large publicly traded insurance company listed on NYSE. As of 3 February 2023, the company had a market capitalization of 85.25 bln USD, up from 86.96 bln and 87.03 bln on 2 February 2023 and 1 February 2023 respectively. The stock price for MMC has been increasing steadily since early 2021 and has grown by 1.07% in the last 24 hours, closing at 168.07 at the time of writing this report.
The 50-day moving average for MMC is 170.6898, while the 200-day average stands at 162.0483 - both figures signify a clear long-term uptrend in share prices that is yet to show signs of slowing down or reversing direction anytime soon. However, it should also be noted that the current price far exceeds the yearly high of 183.14 set in 2021 and is much closer to the yearly low of 143.33 set in June 2021 than it is to its all-time high of 229 set back in 2007; thus indicating some short-term inflation may be present within its stock prices as well due to investor sentiment surrounding the company’s future outlooks..
Overall, Marsh & McLennan Companies’ financial situation appears to be strong with steady growth over recent years despite some short-term inflationary pressures which indicate investor optimism about their prospects going forward into the near future
