Now Is The Time To Build A Position In Mullen Automotive Inc (NASDAQ:MULN)

In last trading session, Mullen Automotive Inc (NASDAQ:MULN) saw 3.79 million shares changing hands with its beta currently measuring 2.36. Company’s recent per share price level of $0.83 trading at -$0.23 or -21.89% at ring of the bell on the day assigns it a market valuation of $2.17M. That closing price of MULN’s stock is at a discount of -5674598.8% from its 52-week high price of $47100.00 and is indicating a discount of -15.66% from its 52-week low price of $0.96. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.66 million shares which gives us an average trading volume of 2.35 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 -21.89%, in the last five days MULN remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $0.83 price level, adding 48.44% to its value on the day. Mullen Automotive Inc’s shares saw a change of -98.85% in year-to-date performance and have moved -47.59% in past 5-day. Mullen Automotive Inc (NASDAQ:MULN) showed a performance of -94.64% in past 30-days. Number of shares sold short was 1.11 million shares which calculate 0.23 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 79.12% during past 5 years.

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

Insiders are in possession of 5.35% of company’s total shares while institution are holding 2.94 percent of that, with stock having share float percentage of 3.10%. Investors also watch the number of corporate investors in a company very closely, which is 2.94% institutions for Mullen Automotive Inc that are currently holding shares of the company.

On the other hand, iShares Micro Cap ETF and Dimensional ETF Tr-Dimensional U.S. Core Equity 2 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 168.0 shares of worth $139.0 or 0.01% of the total outstanding shares. The later fund manager was in possession of 1.0 shares on Oct 31, 2024 , making its stake of worth around $0.0 in the company or a holder of 0.00% of company’s stock.