In last trading session, Mullen Automotive Inc (NASDAQ:MULN) saw 10.92 million shares changing hands with its beta currently measuring 1.96. Company’s recent per share price level of $0.67 trading at -$0.16 or -19.65% at ring of the bell on the day assigns it a market valuation of $5.87M. That closing price of MULN’s stock is at a discount of -223034.33% from its 52-week high price of $1495.00 and is indicating a discount of -22.39% from its 52-week low price of $0.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.83 million shares which gives us an average trading volume of 4.74 million if we extend that period to 3-months.
Mullen Automotive Inc (NASDAQ:MULN) trade information
Upright in the red during last session for losing -19.65%, in the last five days MULN remained trading in the red while hitting it’s week-highest on Thursday, 01/02/25 when the stock touched $0.67 price level, adding 48.46% to its value on the day. Mullen Automotive Inc’s shares saw a change of -44.58% in year-to-date performance and have moved -44.58% in past 5-day. Mullen Automotive Inc (NASDAQ:MULN) showed a performance of -70.58% in past 30-days. Number of shares sold short was 2.35 million shares which calculate 0.88 days to cover the short interests.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 44.05% during past 5 years.
Mullen Automotive Inc (NASDAQ:MULN)’s Major holders
Insiders are in possession of 58.59% of company’s total shares while institution are holding 3.43 percent of that, with stock having share float percentage of 8.29%. Investors also watch the number of corporate investors in a company very closely, which is 3.43% institutions for Mullen Automotive Inc that are currently holding shares of the company.