Home  »  Industry   »  Mullen Automotive Inc. (MULN): These Shares are Po...

Mullen Automotive Inc. (MULN): These Shares are Poised for Major Movement

At the end of the latest market close, Mullen Automotive Inc. (MULN) was valued at $0.27. In that particular session, Stock kicked-off at the price of $0.2783 while reaching the peak value of $0.3232 and lowest value recorded on the day was $0.261. The stock current value is $0.29.Recently in News on December 22, 2022, I-GO™ Arrives in Europe. Mullen Automotive’s I-GO™, Commercial Urban Delivery EV, arrives in Europe with sample vehicles in transit to Newgate Motor Group in Ireland. You can read further details here

Mullen Automotive Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.4775 on 01/06/23, with the lowest value was $0.2538 for the same time period, recorded on 01/19/23.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…


Mullen Automotive Inc. (MULN) full year performance was -92.09%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Mullen Automotive Inc. shares are logging -92.94% during the 52-week period from high price, and 63.89% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.18 and $4.18.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 274767231 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Mullen Automotive Inc. (MULN) recorded performance in the market was 3.15%, having the revenues showcasing -13.24% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 463.30M, as it employees total of 44 workers.

Market experts do have their say about Mullen Automotive Inc. (MULN)

During the last month, 0 analysts gave the Mullen Automotive Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.3463, with a change in the price was noted -0.34. In a similar fashion, Mullen Automotive Inc. posted a movement of -53.63% for the period of last 100 days, recording 184,432,547 in trading volumes.

Technical breakdown of Mullen Automotive Inc. (MULN)

Raw Stochastic average of Mullen Automotive Inc. in the period of last 50 days is set at 38.66%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 33.64%. In the last 20 days, the company’s Stochastic %K was 29.22% and its Stochastic %D was recorded 33.07%.

Bearing in mind the latest performance of Mullen Automotive Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 3.15%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -73.42%, alongside a downfall of -92.09% for the period of the last 12 months. The shares increased approximately by -24.57% in the 7-day charts and went down by 8.70% in the period of the last 30 days. Common stock shares were lifted by -13.24% during last recorded quarter.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts