Mullen Automotive Inc (NASDAQ: MULN) started the day on Wednesday, with a price increase of 9.73% at $3.27, before settling in for the price of $2.98 at the close. Taking a more long-term approach, MULN posted a 52-week range of $1.60-$2250.00.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Consumer Cyclical sector firm’s twelve-monthly sales growth has been -20.02% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 44.05%. This publicly-traded company’s shares float of $5.46 million. The organization now has a market capitalization sitting at $28.86 million. At the time of writing, stock’s 50-day Moving Average stood at $5.33, while the 200-day Moving Average is $284.29.
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 1.77%, in contrast to 1.34% institutional ownership. According to the most recent insider trade that took place on Jun 06 ’24, this organization’s President – Mullen Automotive sold 23,223 shares at the rate of 3.10, making the entire transaction reach 71,991 in total value, affecting insider ownership by 286,506. Preceding that transaction, on Jun 07 ’24, Company’s President – Mullen Automotive sold 1,722 for 3.09, making the whole transaction’s value amount to 5,321. This particular insider is now the holder of 284,784 in total.
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 0.23. The Stock has managed to achieve an average true range (ATR) of 0.84. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 180.37.
In the same vein, MULN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -10260.49.
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 16.56 million that shows progress from its year to date volume of 0.86 million. During the previous 9 days, stock’s Stochastic %D was recorded 58.65% While, its Average True Range was 0.54.
Raw Stochastic average of Mullen Automotive Inc (MULN) in the period of the previous 100 days is set at 0.62%, which indicates a major fall in contrast to 87.89% 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 258.67% that was higher than 180.94% volatility it exhibited in the past 100-days period.
