Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Mullen Automotive Inc’s stock clocked out at $2.69, up 0.37% from its previous closing price of $2.68. In other words, the price has increased by $0.37 from its previous closing price. On the day, 0.62 million shares were traded. MULN stock price reached its highest trading level at $2.84 during the session, while it also had its lowest trading level at $2.68.
Ratios:
To gain a deeper understanding of MULN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.23 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.35.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 06 ’24 when POPA CALIN sold 23,223 shares for $3.10 per share. The transaction valued at 71,991 led to the insider holds 286,506 shares of the business.
POPA CALIN sold 1,722 shares of MULN for $5,321 on Jun 07 ’24. The President – Mullen Automotive now owns 284,784 shares after completing the transaction at $3.09 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MULN now has a Market Capitalization of 23741968 and an Enterprise Value of 32887110. For the stock, the TTM Price-to-Sale (P/S) ratio is 148.93 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 210.047 whereas that against EBITDA is -0.123.
Stock Price History:
Over the past 52 weeks, MULN has reached a high of $2121.00, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -4.30%, while the 200-Day Moving Average is calculated to be -98.91%.
Shares Statistics:
It appears that MULN traded 3.10M shares on average per day over the past three months and 2128230 shares per day over the past ten days. A total of 8.83M shares are outstanding, with a floating share count of 8.67M. Insiders hold about 1.77% of the company’s shares, while institutions hold 1.41% stake in the company. Shares short for MULN as of 1731628800 were 1421322 with a Short Ratio of 0.46, compared to 1728950400 on 1071181. Therefore, it implies a Short% of Shares Outstanding of 1421322 and a Short% of Float of 16.11.
