Mullen Automotive Inc (NASDAQ:MULN) does about 18.08M shares in volume on a normal day but saw 19243972 shares change hands in the recent trading day. The company now has a market cap of 7.11M USD. Its current market price is $0.16, marking a decrease of -0.37% compared to the previous close of $0.16. The 52 week high reached by this stock is $2868000.00 whilst the lowest price level in 52 weeks is $0.15.
The consensus objective for the share price is $25.00, suggesting that the stock has a potential upside of 99.36% over the period.
FactSet Research has provided data showing that 0 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is nan.
The current price level is -33.97%, -97.94%, and -100.00% away from its SMA20, SMA50, and SMA200 respectively, with the MULN price moving above the 50-day SMA on current market day. Mullen Automotive Inc (MULN) stock is down -52.97% over the week and -76.83% over the past month. Its price is -100.00% year-to-date and -100.00% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 99.36 percent from here.
Outstanding shares total 44.45M with insiders holding 16.78% of the shares and institutional holders owning 9.88% of the company’s common stock. The company has a return on equity of -3842.15%. The beta has a value of 2.39. Price to sales ratio is 0.80.
