Mullen Automotive Inc (NASDAQ:MULN) has a beta value of 1.85 and has seen 0.51 million shares traded in the recent trading session. The company, currently valued at $25.13M, closed the recent trade at $3.11 per share which meant it gained $0.18 on the day or 6.14% during that session. The MULN stock price is -68099.36% off its 52-week high price of $2121.00 and 48.55% above the 52-week low of $1.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.17 million shares traded. The 3-month trading volume is 3.10 million shares.
Mullen Automotive Inc (NASDAQ:MULN) trade information
Sporting 6.14% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MULN stock price touched $3.11 or saw a rise of 9.33%. Year-to-date, Mullen Automotive Inc shares have moved -99.78%, while the 5-day performance has seen it change 10.28%. Over the past 30 days, the shares of Mullen Automotive Inc (NASDAQ:MULN) have changed 11.07%. Short interest in the company has seen 1.09 million shares shorted with days to cover at 0.43.
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Mullen Automotive Inc (MULN) estimates and forecasts
The company’s shares have lost -99.25% 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 2.23% of the company shares, while shares held by institutions stand at 3.43% with a share float percentage of 3.51%. Investors are also buoyed by the number of investors in a company, with Mullen Automotive Inc having a total of 41.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 0.03% shares in the company for having 2.41 shares of worth $7407.0 while later fund manager owns 2.23 shares of worth $6855.0 as of Sep 30, 2024, which makes it owner of about 0.03% of company’s outstanding stock.
