Mullen Automotive Inc [NASDAQ: MULN] plunged by -$0.02 during the normal trading session on while it closed the day at $1.06.
Mullen Automotive Inc stock has also loss -42.70% of its value over the past 7 days. However, MULN stock has declined by -99.22% in the 3 months of the year. Over the past six months meanwhile, it has lost -99.90% and lost -98.53% year-on date.
The market cap for MULN stock reached $2.78 million, with 2.62 million shares outstanding and 2.14 million shares in the current float. Compared to the average trading volume of 2.25M shares, MULN reached a trading volume of 5646789 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Mullen Automotive Inc [MULN]:
The Average True Range (ATR) for Mullen Automotive Inc is set at 2.38, with the Price to Sales ratio for MULN stock in the period of the last 12 months amounting to 0.69.
MULN stock trade performance evaluation
Mullen Automotive Inc [MULN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -42.70. With this latest performance, MULN shares dropped by -92.18% in over the last four-week period, additionally sinking by -99.90% over the last 6 months – not to mention a drop of -100.00% 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 23.10, with the RSI for the last a single of trading hit 20.46, and the three-weeks RSI is set at 25.06 for Mullen Automotive Inc [MULN]. The present Moving Average for the last 50 days of trading for this stock 20.4422, while it was recorded at 1.3000 for the last single week of trading, and 3,970.2795 for the last 200 days.
Mullen Automotive Inc [MULN]: An insightful look at the core fundamentals
Mullen Automotive Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.07 and a Current Ratio set at 0.24.
Mullen Automotive Inc [MULN]: Institutional Ownership
There are presently around $2.94%, or 3.10%% of MULN stock, in the hands of institutional investors.
