Mullen Automotive Inc. (NASDAQ: MULN) started the day on March 15, 2023, with a price decrease of -4.49% at $0.15. During the day, the stock rose to $0.15 and sunk to $0.13 before settling in for the price of $0.16 at the close. Taking a more long-term approach, MULN posted a 52-week range of $0.15-$4.18.
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Meanwhile, its Annual Earning per share during the time was 11.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 67.20%. This publicly-traded company’s shares outstanding now amounts to $2.13 billion, simultaneously with a float of $1.95 billion. The organization now has a market capitalization sitting at $337.48 million. At the time of writing, stock’s 50-day Moving Average stood at $0.3007, while the 200-day Moving Average is $0.5551.
Mullen Automotive Inc. (MULN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Auto Manufacturers Industry. Mullen Automotive Inc.’s current insider ownership accounts for 4.90%, in contrast to 5.10% institutional ownership. According to the most recent insider trade that took place on Mar 06, this organization’s CFO sold 159,066 shares at the rate of 0.23, making the entire transaction reach 36,506 in total value, affecting insider ownership by 8,611. Preceding that transaction, on Feb 16, Company’s CEO, President sold 14,937,660 for 0.32, making the whole transaction’s value amount to 4,726,276. This particular insider is now the holder of 113,665,510 in total.
Mullen Automotive Inc. (MULN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2021, the organization reported $0.05 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.03) by $0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Mullen Automotive Inc.’s EPS increase for this current 12-month fiscal period is 67.20%.
Mullen Automotive Inc. (NASDAQ: MULN) Trading Performance Indicators
Let’s observe the current performance indicators for Mullen Automotive Inc. (MULN). It’s Quick Ratio in the last reported quarter now stands at 0.30. The Stock has managed to achieve an average true range (ATR) of 0.03.
In the same vein, MULN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.15.
Technical Analysis of Mullen Automotive Inc. (MULN)
If we take a close look at the recent performances of Mullen Automotive Inc. (NASDAQ: MULN), its last 5-days Average volume was 250.21 million that shows progress from its year to date volume of 215.81 million. During the previous 9 days, stock’s Stochastic %D was recorded 12.89% While, its Average True Range was 0.0248.
Raw Stochastic average of Mullen Automotive Inc. (MULN) in the period of the previous 100 days is set at 3.94%, which indicates a major fall in contrast to 16.06% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 72.02% that was lower than 140.89% volatility it exhibited in the past 100-days period.