Shares of Marsh & McLennan Companies (MMC) Sees Large Outflow of Money

Marsh & McLennan Companies (MMC) : The total money flow in Marsh & McLennan Companies (MMC) was negative ($7.39 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $17.71 million. Transactions on upticks were comparatively lower at $10.32 million. The uptick to downtick ratio was 0.58. The total block trades done on upticks were valued at $2.76 million. The total block trades on downticks were valued at $10.3 million. The uptick to the downtick ratio of block trades was 0.27. The money flow during block trades was negative ($7.54 million) when the stock traded with a gain of $12 cent. Marsh & McLennan Companies (MMC) was $66.47, an increase of 0.17% over the previous days close.


Marsh & McLennan Companies (NYSE:MMC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.63 and $66.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.43, notching a gain of 0.12% for the day. The total traded volume was 1,478,617 . The stock had closed at $66.35 on the previous day.

The stock has recorded a 20-day Moving Average of 0.24% and the 50-Day Moving Average is 1.18%. 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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