Mullen Automotive Inc (MULN) plunge -10.88% in a week: will this be a lucky break through?

Mullen Automotive Inc (NASDAQ: MULN) flaunted slowness of -1.86% at $0.41, before settling in for the price of $0.41 at the close. Taking a more long-term approach, MULN posted a 52-week range of $0.36-$987.00.

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Meanwhile, its Annual Earning per share during the time was 44.05%. This publicly-traded company’s shares outstanding now amounts to $44.53 million, simultaneously with a float of $34.15 million. The organization now has a market capitalization sitting at $18.09 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6487, while the 200-day Moving Average is $140.2875.

Mullen Automotive Inc (MULN) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Mullen Automotive Inc industry. Mullen Automotive Inc’s current insider ownership accounts for 23.31%, in contrast to 9.94% institutional ownership. According to the most recent insider trade that took place on Jan 25 ’24, this organization’s Director sold 133 shares at the rate of 678.00, making the entire transaction reach 90,174 in total value, affecting insider ownership by 1. Preceding that transaction, on Mar 21 ’24, Company’s Director sold 1 for 469.00, making the whole transaction’s value amount to 469. This particular insider is now the holder of 0 in total.

Mullen Automotive Inc (MULN) Earnings and Revenue Records

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 (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 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 113.05.

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)

Now, what If we examine the latest scores posted by [Mullen Automotive Inc, MULN]. During the last 5-days, its volume was lower the volume of 10.16 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 12.78% While, its Average True Range was 0.1249.

Raw Stochastic average of Mullen Automotive Inc (MULN) in the period of the previous 100 days is set at 0.15%, which indicates a major fall in contrast to 4.87% 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 193.25% that was higher than 187.52% volatility it exhibited in the past 100-days period.