Market cap of Mullen Automotive Inc [MULN] reaches 2.91M – now what?

Mullen Automotive Inc [NASDAQ: MULN] jumped around 1979998.89 points on Tuesday, while shares priced at $1980000.0 at the close of the session, up 8224743%.

Mullen Automotive Inc stock is now -100.00% down from its year-to-date (YTD) trading value. MULN Stock saw the intraday high of $1.35 and lowest of $1.0 per share. The company’s 52-week high price is 168000000.00, which means current price is +1.00% above from all time high which was touched on 01/02/25.

Compared to the average trading volume of 1.98M shares, MULN reached a trading volume of 8224743 in the most recent trading day, which is why market watchdogs consider the stock to be active.

How has MULN stock performed recently?

Mullen Automotive Inc [MULN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -53.24. With this latest performance, MULN shares dropped by -93.92% in over the last four-week period, additionally sinking by -100.00% over the last 6 months – not to mention a drop of -100.00% in the past year of trading.

Mullen Automotive Inc [MULN]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Mullen Automotive Inc [MULN] shares currently have an operating margin of -2757.55% and a Gross Margin at -433.90%. Mullen Automotive Inc’s Net Margin is presently recorded at -4916.31%.

Return on Equity for this stock declined to -233.49%, with Return on Assets sitting at -233.49%.

Insider trade positions for Mullen Automotive Inc [MULN]

There are presently around $3.52%, or 3.74% of MULN stock, in the hands of institutional investors. The top three institutional holders of MULN stocks are: SUSQUEHANNA INTERNATIONAL GROUP, LLP with ownership of 2.67 million shares, which is approximately 0.0022%. VANGUARD GROUP INC, holding 0.37 million shares of the stock with an approximate value of $$0.88 million in MULN stocks shares; and VANGUARD GROUP INC, currently with $$0.88 million in MULN stock with ownership which is approximately 0.0003%.

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