Mullen Automotive Inc (NASDAQ:MULN) traded at $0.87 at close of the session on Monday, April 21 and made a downward move of -22.32% on its previous day’s price.
Looking at the stock we see that its previous close was $1.12 and the beta (5Y monthly) reads 1.331 with the day’s price range being $0.8201 – $1.12. In terms of its 52-week price range, MULN has a high of $4710000.00 and a low of $1.05. The company’s stock has lost about -97.44% over that past 30 days.
Mullen Automotive Inc has a market cap of $2.09 million and is expected to release its quarterly earnings report on 2021-Aug-15.
On the other hand, looking at the outlook for the MULN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Looking further, we note the current price level is -89.85% off its SMA20 and -99.70% from its 50-day simple moving average. The RSI (14) is pointing at 20.84 while the volatility over the past week is 26.33% and jumps to 41.65% over the past one month. The beta value is 2.82, while the average true range (ATR) is currently pointing at 35.12.
The insiders hold 17.44% of the company’s shares while institutions hold 0.32%. The data shows that short shares as of 2025-03-31, stood at 49505.0 at a short ratio of 0.12. This represents a 13614.00 short interest in shares outstanding on 2025-03-31. Shares short rose in March from the previous month at 11097.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -99.99% down in year-to-date price movement.
