Mullen Automotive Inc (NASDAQ:MULN) currently has a daily average trading volume of 5.82M but it saw 12285389 shares traded in last market. With a market cap of 21.48M USD, the company’s current market price of $0.48 came rising about 5.83 while comparing to the previous closing price of $0.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $1204.99 and as low as $0.36. In the recent trading on the day, stock has struck highest price mark of $0.435 while lowest mark touched by it was $0.5399.
Taking a look at 20-day trading activity of Mullen Automotive Inc (MULN) gives us an average price of $0.9084, while its current price level is -99.96% below from 52-week high level whereas it is 33.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.7577 while that of 200 days or SMA-200 reads an average of $148.8888. A closer look into the stock’s movement over the week reveals that its volatility is standing at 35.65% during that period while stretching the period over a month that decreases to 22.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 25.48 which implies that the stock is in oversold territory.
Over the week, MULN’s stock price is moving -27.44% down while it is -69.46% when we observe its performance for the past one month. Year-to-date it is -59.79% down and over the past year, the stock is showing a downside performance of -99.96%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Mullen Automotive Inc’s total number of outstanding shares is 44.53M with 74.99% of that held by the insiders while 3.31% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -977.47% and return on equity (ROE) at -307.11%. Stock’s beta reads 1.95. Stock has a price to book (P/B) ratio of 0.00 while price to sale or P/S ratio amounts to 134.28. Its return on asset (ROA) is -120.53% on average.
