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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.66 million shares were traded. MULN stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.14.
Ratios:
For a deeper understanding of Mullen Automotive Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 10502952 and an Enterprise Value of 32284992. For the stock, the TTM Price-to-Sale (P/S) ratio is 65.62 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 206.202 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 $1.17. The 50-Day Moving Average of the stock is -47.67%, while the 200-Day Moving Average is calculated to be -99.38%.
Shares Statistics:
For the past three months, MULN has traded an average of 3.44M shares per day and 2907210 over the past ten days. 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 0.47, compared to 1730332800 on 1090484. Therefore, it implies a Short% of Shares Outstanding of 1631886 and a Short% of Float of 18.490000000000002.
