NEW YORK ( TheStreet) -- Marsh & McLennan Companies (NYSE: MMC) hit a new 52-week high Thursday as it is currently trading at $31.59, above its previous 52-week high of $31.57 with 1.6 million shares traded as of 12:50 p.m. ET. Average volume has been 4.9 million shares over the past 30 days.

Marsh & McLennan Companies has a market cap of $16.3 billion and is part of the financial sector and insurance industry. Shares are up 12.4% year to date as of the close of trading on Wednesday.

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions in the areas of risk, strategy, and human capital. It operates in two segments: Risk and Insurance Services, and Consulting. The company has a P/E ratio of 18.4, below the average insurance industry P/E ratio of 25.4 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Marsh & McLennan Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Marsh & McLennan Companies Ratings Report.

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