Mullen Automotive Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $987.00 on 02/16/24 and a low of $0.25 for the same time frame on 01/30/25.
52-week price history of MULN Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Mullen Automotive Inc’s current trading price is -99.97% away from its 52-week high, while its distance from the 52-week low is 14.87%. The stock’s price range during this period has spanned from $0.25 to $987.00. In the Consumer Cyclical sector, the Mullen Automotive Inc’s shares surpassed a trading volume of approximately 75.71 million for the day, which was noticeably higher compared to the average daily volume of 9.7.77 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Mullen Automotive Inc (MULN) has experienced a quarterly decline of -87.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.66M and boasts a workforce of 388 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.0075, with a change in price of -18.6242. Similarly, Mullen Automotive Inc recorded 6,294,835 in trading volume during the last 100 days, posting a change of -98.49%.
MULN Stock Stochastic Average
Today’s raw stochastic average for Mullen Automotive Inc over the last 50 days is 1.16%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 3.52%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 2.10% and 1.71%, 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. Year to date metric has recorded a loss of -76.18%.However, over the last six months, we can see a stronger performance of -99.75%. Over the last 30 days, the price of MULN has leaped by -74.02%. And in the last five days, it has fallen by -35.15%.
