Marsh & McLennan Companies MMC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Marsh & McLennan Companies (MMC) Business Model and Operations Summary
Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career consulting services and products; and specialized management, as well as economic and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.
Key Insights
Marsh & McLennan Companies (MMC) Core Market Data and Business Metrics
Latest Closing Price
$200.56Market Cap
$103.44 BillionAverage Daily Volume
2,536,130.3 Shares52-Week Range
$207.21-$248.00Total Outstanding Shares
491.62 Million SharesCEO
John Quinlan DoyleTotal Employees
52,400Current Dividend
$0.90 Per Share QuarterlyIPO Date
June 4, 1969SIC Description
Insurance Agents, Brokers & ServiceHeadquarters
1166 Avenue Of The Americas, New York, NY, 10036