Mullen Automotive Inc (NASDAQ:MULN) currently has a daily average trading volume of 9.30M but it saw 6593894 shares traded in last market. With a market cap of 16.07M USD, the company’s current market price of $0.26 came falling about -3.67 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $987.00 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.2417 while lowest mark touched by it was $0.267.
Taking a look at 20-day trading activity of Mullen Automotive Inc (MULN) gives us an average price of $0.4127, while its current price level is -99.97% below from 52-week high level whereas it is 4.54% 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 $1.2288 while that of 200 days or SMA-200 reads an average of $124.2584. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.90% during that period while stretching the period over a month that increases to 24.14%. 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 24.02 which implies that the stock is in oversold territory.
Over the week, MULN’s stock price is moving -10.31% down while it is -73.25% when we observe its performance for the past one month. Year-to-date it is -78.33% 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 March, 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 61.78M 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 equity (ROE) at -506.73%. Stock’s beta reads 2.04. Stock has a price to sale or P/S ratio amounts to 14.74. Its return on asset (ROA) is -152.27% on average.
