Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Mullen Automotive Inc (NASDAQ: MULN) closed the day trading at $0.08 down -23.20% from the previous closing price of $0.11. In other words, the price has decreased by -$23.20 from its previous closing price. On the day, 42.93 million shares were traded.
Ratios:
For a better understanding of MULN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 03 ’25 when HRT FINANCIAL LP bought 546,706 shares for $0.08 per share. The transaction valued at 43,736 led to the insider holds 665,392 shares of the business.
HRT FINANCIAL LP sold 2,012,436 shares of MULN for $160,995 on Apr 04 ’25. The 10% Owner now owns 1,347,044 shares after completing the transaction at $0.08 per share. On Mar 05 ’25, another insider, WINTER MARY, who serves as the Director of the company, sold 62,000 shares for $2.01 each. As a result, the insider received 124,620 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41.
Stock Price History:
Over the past 52 weeks, MULN has reached a high of $2868000.00, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -98.31%, while the 200-Day Moving Average is calculated to be -100.00%.
Shares Statistics:
A total of 44.45M shares are outstanding, with a floating share count of 44.42M. Insiders hold about 0.08% of the company’s shares, while institutions hold 0.02% stake in the company.
