Now Is A Good Time To Buy Mullen Automotive Inc (NASDAQ: MULN)

During the recent session, Mullen Automotive Inc (NASDAQ:MULN)’s traded shares were 0.62 million, with the beta value of the company hitting 1.73. At the last check today, the stock’s price was $2.41, reflecting an intraday gain of 7.11% or $0.16. The 52-week high for the MULN share is $4747.99, that puts it down -196912.03 from that peak though still a striking 7.05% gain since the share price plummeted to a 52-week low of $2.24. The company’s market capitalization is $13.40M, and the average intraday trading volume over the past 10 days was 2.98 million shares, and the average trade volume was 962.84K shares over the past three months.

Mullen Automotive Inc (NASDAQ:MULN) trade information

Mullen Automotive Inc (MULN) registered a 7.11% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 7.11% in intraday trading to $2.41, hitting a weekly high. The stock’s 5-day price performance is -2.82%, and it has moved by -86.23% in 30 days. Based on these gigs, the overall price performance for the year is -99.95%. The short interest in Mullen Automotive Inc (NASDAQ:MULN) is 0.58 million shares and it means that shorts have 0.48 day(s) to cover.

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An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 44.05%.

MULN Dividends

Mullen Automotive Inc is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Mullen Automotive Inc (NASDAQ:MULN)’s Major holders

Mullen Automotive Inc insiders own 5.52% of total outstanding shares while institutional holders control 3.22%, with the float percentage being 3.40%.