In terms of market performance, Mullen Automotive Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $1870.00 on 12/21/23, while the lowest value was $1.60 on 12/13/24.
52-week price history of MULN Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Mullen Automotive Inc’s current trading price is -99.92% away from its 52-week high, while its distance from the 52-week low is -1.25%. The stock’s price range for this period has remained between $1.60 and $1870.00. The Consumer Cyclical sector company’s shares managed to surpass a trading volume of around 2.42 million for the day, which was noticeably lower compared to the shares’ average daily volume of 3.26 million over the last three months.
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Financial Performance and Market Capitalization
Mullen Automotive Inc (MULN) has experienced a quarterly decline of -86.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.67M and boasts a workforce of 326 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.8818, with a change in price of -121.4200. Similarly, Mullen Automotive Inc recorded 2,306,763 in trading volume during the last 100 days, posting a change of -98.72%.
MULN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MULN stands at 0.50. Similarly, the long-term debt-to-equity ratio is also 0.35.
MULN Stock Stochastic Average
As of today, the raw stochastic average of Mullen Automotive Inc over the last 50 days is at 1.41%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 1.60%. Further, the company’s Stochastic %K and %D values for the last 20 days were 2.10% and 4.84%, respectively.
MULN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -99.89%. However, over the past six months, we’ve seen a stronger performance of -99.41%. The price of MULN leaped by -51.68% over the last 30 days. And in the last five days, it has fallen by -30.09%.
