Marsh & McLennan Companies Reaches New 52-Week High (MMC)

NEW YORK ( TheStreet) -- Marsh & McLennan Companies (NYSE: MMC) hit a new 52-week high Wednesday as it is currently trading at $32.73, above its previous 52-week high of $32.72 with 122,357 shares traded as of 9:45 a.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Marsh & McLennan Companies has a market cap of $16.76 billion and is part of the financial sector and insurance industry. Shares are up 1.5% year to date as of the close of trading on Tuesday.

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 18.6, below the average insurance industry P/E ratio of 28.3 and above the S&P 500 P/E ratio of 17.7.

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, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Marsh & McLennan Companies Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

If you liked this article you might like

Cramer: Let's Handicap Hurricane Harvey's Best Stock Bets

Marsh CEO Peter Zaffino to Join AIG as Deputy to CEO

Cramer: These Sectors Look Bullish (Part II)

Cramer: There Are Powerful Themes in Several Bull Markets

Cramer: These Stocks Look Like 'Easy Pickings'