Mullen Automotive Inc (NASDAQ: MULN): Performance Review And Growth Outlook

In the last trading session, 363.06 million Mullen Automotive Inc (NASDAQ:MULN) shares changed hands as the company’s beta touched 2.50. With the company’s per share price at $0.08 changed hands at $0.0 or -2.52% during last session, the market valuation stood at $0.28M. MULN’s last price was a discount, traded about -58874900.0% off its 52-week high of $47100.00. When we look at Mullen Automotive Inc’s average trading volume, we note the 10-day average is 139.55 million shares, with the 3-month average coming to 20.20 million.

Mullen Automotive Inc (NASDAQ:MULN) trade information

Instantly MULN was in red as seen at the end of in last trading. With action -32.61%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -99.89%, with the 5-day performance at -32.61% in the red. However, in the 30-day time frame, Mullen Automotive Inc (NASDAQ:MULN) is -95.09% down. Looking at the short shares, we see there were 1.58 million shares sold at short interest cover period of 0.23 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 79.12%.

MULN Dividends

Mullen Automotive Inc is expected to release its next quarterly earnings report on 2021-Aug-15.

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

If we look at who the major shareholders are, we find that insiders hold 5.35% of Mullen Automotive Inc shares while 2.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.10%.