Mullen Automotive Inc (NASDAQ:MULN) price on Wednesday, April 30, fall -20.31% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.39.
A look at the stock’s price movement, the close in the last trading session was $0.49, moving within a range at $0.35 and $0.4198. The beta value (5-Year monthly) was 1.331. Turning to its 52-week performance, $4710000.00 and $0.46 were the 52-week high and 52-week low respectively. Overall, MULN moved -96.29% over the past month.
Mullen Automotive Inc’s market cap currently stands at around $0.93 million, with investors looking forward to this quarter’s earnings report slated for on 2021-Aug-15.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MULN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
0 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend MULN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is nan which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MULN’s current price about -86.48% and -99.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 20.90, while 7-day volatility ratio is 21.00% and 26.25% in the 30-day chart. Further, Mullen Automotive Inc (MULN) has a beta value of 2.64, and an average true range (ATR) of 20.91.
If we refocus on Mullen Automotive Inc (NASDAQ:MULN), historical trading data shows that trading volumes averaged 7.11 over the past 10 days and 1.50 million over the past 3 months.
The 17.44% of Mullen Automotive Inc’s shares are in the hands of company insiders while institutional holders own 0.32% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.17 million on 2025-04-15, giving us a short ratio of 0.83. The data shows that as of 2025-04-15 short interest in Mullen Automotive Inc (MULN) stood at 22130.0 of shares outstanding, with shares short rising to 15827.0 registered in 2025-03-14. Current price change has pushed the stock -99.99% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MULN stock continues to rise going into the next quarter.
