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The price of Mullen Automotive Inc (NASDAQ: MULN) closed at $2.87 in the last session, down -2.05% from day before closing price of $2.93. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 1.43 million shares were traded. MULN stock price reached its highest trading level at $3.19 during the session, while it also had its lowest trading level at $2.8.
Ratios:
We take a closer look at MULN’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 25330648 and an Enterprise Value of 32959364. For the stock, the TTM Price-to-Sale (P/S) ratio is 144.96 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 210.509 whereas that against EBITDA is -0.123.
Stock Price History:
The Beta on a monthly basis for MULN is 1.85, which has changed by -0.99816877 over the last 52 weeks, in comparison to a change of 0.31053436 over the same period for the S&P500. 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 -9.59%, while the 200-Day Moving Average is calculated to be -98.88%.
Shares Statistics:
According to the various share statistics, MULN traded on average about 3.10M shares per day over the past 3-months and 10169470 shares per day over the past 10 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 1730332800 were 1090484 with a Short Ratio of 0.35, compared to 1727654400 on 581106. Therefore, it implies a Short% of Shares Outstanding of 1090484 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.
