Mullen Automotive Inc (NASDAQ:MULN) currently has a daily average trading volume of 9.52M but it saw 36941915 shares traded in last market. With a market cap of 13.87M USD, the company’s current market price of $0.22 came falling about -26.15 while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $987.00 and as low as $0.18. In the recent trading on the day, stock has struck highest price mark of $0.2112 while lowest mark touched by it was $0.3546.
Taking a look at 20-day trading activity of Mullen Automotive Inc (MULN) gives us an average price of $0.3192, while its current price level is -99.98% below from 52-week high level whereas it is 24.72% 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 $0.9188 while that of 200 days or SMA-200 reads an average of $115.2758. A closer look into the stock’s movement over the week reveals that its volatility is standing at 38.54% during that period while stretching the period over a month that decreases to 24.58%. 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 28.68 which implies that the stock is in oversold territory.
Over the week, MULN’s stock price is moving -13.32% down while it is -51.10% when we observe its performance for the past one month. Year-to-date it is -81.29% down and over the past year, the stock is showing a downside performance of -99.97%.
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 2.03. Stock has a price to sale or P/S ratio amounts to 12.72. Its return on asset (ROA) is -152.27% on average.
