Mullen Automotive Inc (NASDAQ:MULN) has a beta value of 1.75 and has seen 1.4 million shares traded in the last trading session. The company, currently valued at $10.10M, closed the last trade at $1.93 per share which meant it lost -$0.12 on the day or -5.85% during that session. The MULN stock price is -169589.12% off its 52-week high price of $3275.00 and -5.7% below the 52-week low of $2.04. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.21 million shares traded. The 3-month trading volume is 1.49 million shares.
Mullen Automotive Inc (NASDAQ:MULN) trade information
Sporting -5.85% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the MULN stock price touched $1.93 or saw a rise of 29.04%. Year-to-date, Mullen Automotive Inc shares have moved -99.86%, while the 5-day performance has seen it change -31.07%. Over the past 30 days, the shares of Mullen Automotive Inc (NASDAQ:MULN) have changed -22.18%. Short interest in the company has seen 1.07 million shares shorted with days to cover at 0.48.
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Mullen Automotive Inc (MULN) estimates and forecasts
The company’s shares have lost -99.54% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 44.05% over the past 5 years.
MULN Dividends
Mullen Automotive Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Mullen Automotive Inc (NASDAQ:MULN)’s Major holders
Insiders own 4.64% of the company shares, while shares held by institutions stand at 2.83% with a share float percentage of 2.96%. Investors are also buoyed by the number of investors in a company, with Mullen Automotive Inc having a total of 33.0 institutions that hold shares in the company.