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After finishing at $1.74 in the prior trading day, Mullen Automotive Inc (NASDAQ: MULN) closed at $1.58, down -9.20%. In other words, the price has decreased by -$9.20 from its previous closing price. On the day, 2.42 million shares were traded. MULN stock price reached its highest trading level at $1.74 during the session, while it also had its lowest trading level at $1.55.
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 May 20 ’24 when BRAGADO CHESTER A. sold 2,738 shares for $461.07 per share. The transaction valued at 1,262,399 led to the insider holds 0 shares of the business.
POPA CALIN sold 23,223 shares of MULN for $71,991 on Jun 06 ’24. The President – Mullen Automotive now owns 286,506 shares after completing the transaction at $3.10 per share. On Jun 07 ’24, another insider, POPA CALIN, who serves as the President – Mullen Automotive of the company, sold 1,722 shares for $3.09 each. As a result, the insider received 5,321 and left with 284,784 shares of the company.
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 13945096 and an Enterprise Value of 32441542. For the stock, the TTM Price-to-Sale (P/S) ratio is 79.17 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 207.202 whereas that against EBITDA is -0.121.
Stock Price History:
Over the past 52 weeks, MULN has reached a high of $1870.00, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -33.77%, while the 200-Day Moving Average is calculated to be -99.24%.
Shares Statistics:
The stock has traded on average 3.26M shares per day over the past 3-months and 1862500 shares per day over the last 10 days, according to various share statistics. A total of 8.83M shares are outstanding, with a floating share count of 8.73M. Insiders hold about 1.12% of the company’s shares, while institutions hold 1.41% stake in the company. Shares short for MULN as of 1732838400 were 1631886 with a Short Ratio of 0.50, compared to 1730332800 on 1090484. Therefore, it implies a Short% of Shares Outstanding of 1631886 and a Short% of Float of 18.490000000000002.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
