In yesterday’s Wall Street session, Mullen Automotive Inc (NASDAQ:MULN) shares traded at $1.16, down -13.75% from the previous session.
MULN stock price is now -57.13% away from the 50-day moving average and -87.77% away from the 200-day moving average. The market capitalization of the company currently stands at $18.59M.
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In other news, POPA CALIN, President – Mullen Automotive sold 1,722 shares of the company’s stock on Jun 07 ’24. The stock was sold for $5,321 at an average price of $3.09. Upon completion of the transaction, the President – Mullen Automotive now directly owns 284,784 shares in the company, valued at $0.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06 ’24, President – Mullen Automotive POPA CALIN sold 23,223 shares of the business’s stock. A total of $71,991 was realized by selling the stock at an average price of $3.10. This leaves the insider owning 286,506 shares of the company worth $0.33 million. A total of 11.67% of the company’s stock is owned by insiders.
During the past 12 months, Mullen Automotive Inc has had a low of $1.09 and a high of $155.70. As of last week, the company has a debt-to-equity ratio of 0.17, a current ratio of 1.06, and a quick ratio of 0.67. The fifty day moving average price for MULN is $2.6322 and a two-hundred day moving average price translates $9.29355 for the stock.
The latest earnings results from Mullen Automotive Inc (NASDAQ: MULN) was released for 2024-03-31. The net profit margin was -169025.06% and return on equity was -510.98% for MULN.
