Mullen Automotive Inc (NASDAQ:MULN) currently has a daily average trading volume of 2.94M but it saw 12050625 shares traded in last market. With a market cap of 1.25M USD, the company’s current market price of $0.34 came falling about -14.98 while comparing to the previous closing price of $0.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $47100.00 and as low as $0.37. In the recent trading on the day, stock has struck highest price mark of $0.3356 while lowest mark touched by it was $0.41.
Taking a look at 20-day trading activity of Mullen Automotive Inc (MULN) gives us an average price of $1.7574, while its current price level is -100.00% below from 52-week high level whereas it is -6.82% 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 $13.0734 while that of 200 days or SMA-200 reads an average of $3,227.1965. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.73% during that period while stretching the period over a month that increases to 30.00%. 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 21.71 which implies that the stock is in oversold territory.
Over the week, MULN’s stock price is moving -58.93% down while it is -95.24% when we observe its performance for the past one month. Year-to-date it is -99.53% down and over the past year, the stock is showing a downside performance of -100.00%.
The company is expected to be releasing its next quarterly report on 2021-Aug-15, 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 3.67M with 5.35% of that held by the insiders while 2.94% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -950.02%. Stock’s beta reads 2.46. Stock has a price to sale or P/S ratio amounts to 0.31. Its return on asset (ROA) is -184.25% on average.
