In the last trading session, 4.59 million shares of the Mullen Automotive Inc (NASDAQ:MULN) were traded, and its beta was 1.93. Most recently the company’s share price was $0.43, and it changed around -$0.05 or -10.94% from the last close, which brings the market valuation of the company to $19.00M. MULN currently trades at a discount to its 52-week high of $1067.99, offering almost -248269.77% off that amount. The share price’s 52-week low was $0.36, which indicates that the current value has risen by an impressive 16.28% since then. We note from Mullen Automotive Inc’s average daily trading volume that its 10-day average is 11.7 million shares, with the 3-month average coming to 6.02 million.
Mullen Automotive Inc (NASDAQ:MULN) trade information
Instantly MULN has showed a red trend with a performance of -10.94% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5399 on recent trading dayincreased the stock’s daily price by 20.36%. The company’s shares are currently down -64.45% year-to-date, but still down -15.57% over the last five days. On the other hand, Mullen Automotive Inc (NASDAQ:MULN) is -65.32% down in the 30-day period. We can see from the shorts that 3.01 million shares have been sold at a short interest cover period of 0.61 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 44.05%.
MULN Dividends
Mullen Automotive Inc’s next quarterly earnings report is expected to be released in February.
Mullen Automotive Inc (NASDAQ:MULN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 74.99% of Mullen Automotive Inc shares, and 3.31% of them are in the hands of institutional investors. The stock currently has a share float of 13.23%.
Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 2.41 shares worth $1029.0, making up 0.01% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 2.23 shares worth around $952.0, which represents about 0.01% of the total shares outstanding.
