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After finishing at $2.24 in the prior trading day, Mullen Automotive Inc (NASDAQ: MULN) closed at $2.13, down -4.91%. In other words, the price has decreased by -$4.91 from its previous closing price. On the day, 1.05 million shares were traded. MULN stock price reached its highest trading level at $2.21 during the session, while it also had its lowest trading level at $2.101.
Ratios:
Our goal is to gain a better understanding of MULN by taking a closer look at 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:
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 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 11842992 and an Enterprise Value of 32662320. For the stock, the TTM Price-to-Sale (P/S) ratio is 74.02 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 208.612 whereas that against EBITDA is -0.122.
Stock Price History:
Over the past 52 weeks, MULN has reached a high of $4666.00, while it has fallen to a 52-week low of $2.20. The 50-Day Moving Average of the stock is -91.01%, while the 200-Day Moving Average is calculated to be -99.48%.
Shares Statistics:
The stock has traded on average 984.40K shares per day over the past 3-months and 2812990 shares per day over the last 10 days, according to various share statistics. Insiders hold about 5.50% of the company’s shares, while institutions hold 1.04% stake in the company. Shares short for MULN as of 1727654400 were 581106 with a Short Ratio of 0.59, compared to 1724976000 on 107633. Therefore, it implies a Short% of Shares Outstanding of 581106 and a Short% of Float of 35.979998.
