In the current trading session, Mullen Automotive Inc’s (MULN) stock is trading at the price of $0.44, a fall of -8.16% over last night’s close. So, the stock is trading at a price that is -99.96% less than its 52-week high of $1067.99 and 22.02% better than its 52-week low of $0.36. Based on the past 30-day period, the stock price is -69.86% below the high and +22.05% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, MULN’s SMA-200 is $144.3234.
It is also essential to consider MULN stock ratios like the price-to-sales ratio, which is 122.43 for the last year.MULN’s price to book ratio for the most recent quarter was 0.00, resulting in an 2.99 price to cash per share for the period.
How does Mullen Automotive Inc (MULN) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Mullen Automotive Inc (NASDAQ: MULN) Ownership Details
I will give a breakdown of the key shareholders in Mullen Automotive Inc (MULN). Recent figures show that the company’s insiders hold 74.99% of shares. A total of 39 institutional investors hold shares in the company, making 3.31% of its stock and 13.23% of its float.
Sep 30, 2024, it was reported that the Company’s largest institutional holder is Squarepoint Ops LLC holding total of 16.64 shares that make 0.04% of the company’s total number of shares and are currently priced at 7321.0.
The securities firm Two Sigma Investments, LP holds 18.5 shares of MULN, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.04%, and the holding percentage of shares is valued at 8139.0.
An overview of Mullen Automotive Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Mullen Automotive Inc (MULN) traded 10,270,298 shares per day, with a moving average of $0.8268 and price change of -0.8800. With the moving average of $1.7021 and a price change of -1.4300, about 6,941,571 shares changed hands on average over the past 50 days. Finally, MULN’s 100-day average volume is 4,374,760 shares, alongside a moving average of $4.8430 and a price change of -35.8200.
