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The Future of Mullen Automotive Inc: Analyzing MULN

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 $987.00 on 02/16/24, while the lowest value was $0.36 on 01/13/25.

52-week price history of MULN Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Mullen Automotive Inc’s current trading price is -99.96% away from its 52-week high, while its distance from the 52-week low is 22.25%. The stock’s price range during this period has fluctuated between $0.36 and $987.00. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 22.83 million for the day, which was evidently higher than the average daily volume of 6.08 million over the last three months.

Financial Performance and Market Capitalization

Mullen Automotive Inc (MULN) has experienced a quarterly decline of -85.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.62M and boasts a workforce of 388 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.0425, with a change in price of -23.4593. Similarly, Mullen Automotive Inc recorded 4,763,335 in trading volume during the last 100 days, posting a change of -98.16%.

MULN Stock Stochastic Average

Mullen Automotive Inc’s raw stochastic average for the past 50 days is currently at 2.42%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 7.29%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.44% and 5.78%, respectively.

MULN Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -63.28% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -99.64%. Over the past 30 days, the price of MULN has leaped by -62.97%. And in the last five days, it has fallen by -8.66%.

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