Mullen Automotive Inc [NASDAQ: MULN] price surged by 5.52 percent to reach at $0.04.
The one-year MULN stock forecast points to a potential upside of 100.0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Guru’s Opinion on Mullen Automotive Inc [MULN]:
The Average True Range (ATR) for Mullen Automotive Inc is set at 0.19, with the Price to Sales ratio for MULN stock in the period of the last 12 months amounting to 50.35. The Price to Book ratio for the last quarter was 0.07, with the Price to Cash per share for the same quarter was set at 1.30.
MULN Stock Performance Analysis:
Mullen Automotive Inc [MULN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -39.76. With this latest performance, MULN shares dropped by -64.62% in over the last four-week period, additionally sinking by -88.17% over the last 6 months – not to mention a drop of -99.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MULN stock in for the last two-week period is set at 21.58, with the RSI for the last a single of trading hit 20.01, and the three-weeks RSI is set at 26.37 for Mullen Automotive Inc [MULN]. The present Moving Average for the last 50 days of trading for this stock 2.3526, while it was recorded at 0.9259 for the last single week of trading, and 8.5741 for the last 200 days.
Insight into Mullen Automotive Inc Fundamentals:
Mullen Automotive Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.67 and a Current Ratio set at 1.06.
Mullen Automotive Inc [MULN] Institutonal Ownership Details
The top three institutional holders of MULN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in MULN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in MULN stock with ownership which is approximately 5.1238%.
