Mullen Automotive Inc (NASDAQ:MULN) currently has a daily average trading volume of 194.38K but it saw 1310837 shares traded in last market. With a market cap of 5.56M USD, the company’s current market price of $5.14 came falling about -28.11 while comparing to the previous closing price of $7.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $54840.00 and as low as $7.05.
Taking a look at 20-day trading activity of Mullen Automotive Inc (MULN) gives us an average price of $15.45, while its current price level is -99.99% below from 52-week high level whereas it is -27.09% 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 $44.61 while that of 200 days or SMA-200 reads an average of $6,270.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 35.12% during that period while stretching the period over a month that decreases to 27.03%. 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 22.99 which implies that the stock is in oversold territory.
Over the week, MULN’s stock price is moving -71.82% down while it is -79.92% when we observe its performance for the past one month. Year-to-date it is -92.86% down and over the past year, the stock is showing a downside performance of -99.99%.
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 1.08M with 21.10% of that held by the insiders while 5.13% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -950.02%. Stock’s beta reads 2.03. Stock has a price to sale or P/S ratio amounts to 1.39. Its return on asset (ROA) is -184.25% on average.
