Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Mullen Automotive Inc (NASDAQ: MULN) was $4.01 for the day, down -21.98% from the previous closing price of $5.14. In other words, the price has decreased by -$21.98 from its previous closing price. On the day, 1.47 million shares were traded.
Ratios:
Our analysis of MULN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.07 and its Current Ratio is at 0.24.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 07 ’25 when ANDERSEN JOHN KEVIN sold 174,500 shares for $0.91 per share. The transaction valued at 158,795 led to the insider holds 9 shares of the business.
NOVOA IGNACIO sold 163,000 shares of MULN for $142,096 on Jan 07 ’25. The Director now owns 0 shares after completing the transaction at $0.87 per share. On Feb 21 ’25, another insider, NOVOA IGNACIO, who serves as the Director of the company, sold 2,000 shares for $4.61 each. As a result, the insider received 9,220 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08.
Stock Price History:
Over the past 52 weeks, MULN has reached a high of $51840.00, while it has fallen to a 52-week low of $4.95. The 50-Day Moving Average of the stock is -90.45%, while the 200-Day Moving Average is calculated to be -99.93%.
Shares Statistics:
A total of 1.08M shares are outstanding, with a floating share count of 0.86M. Insiders hold about 0.00% of the company’s shares, while institutions hold 9.96% stake in the company.
