The stock of Mullen Automotive Inc (MULN) has gone down by -60.21% for the week, with a -96.11% drop in the past month and a -99.82% drop in the past quarter. The volatility ratio for the week is 77.49%, and the volatility levels for the past 30 days are 37.92% for MULN. The simple moving average for the past 20 days is -86.63% for MULN’s stock, with a -100.00% simple moving average for the past 200 days.
Is It Worth Investing in Mullen Automotive Inc (NASDAQ: MULN) Right Now?
Company’s 36-month beta value is 2.49.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MULN is 3.03M, and currently, short sellers hold a 52.24% ratio of that floaft. The average trading volume of MULN on March 31, 2025 was 13.21M shares.
MULN) stock’s latest price update
The stock price of Mullen Automotive Inc (NASDAQ: MULN) has plunged by -28.12 when compared to previous closing price of 0.16, but the company has seen a -60.21% decline in its stock price over the last five trading sessions. accessnewswire.com reported 2025-03-30 that NEW YORK, NY / ACCESS Newswire / March 30, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Mullen Automotive, Inc. (“Mullen” or “the Company”) (NASDAQ:MULN) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Mullen securities between February 3, 2023 and March 13, 2024, both dates inclusive (the “Class Period”).
MULN Trading at -98.73% from the 50-Day Moving Average
After a stumble in the market that brought MULN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -100.00% of loss for the given period.
Volatility was left at 37.92%, however, over the last 30 days, the volatility rate increased by 77.49%, as shares sank -95.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -99.58% lower at present.
During the last 5 trading sessions, MULN fell by -60.21%, which changed the moving average for the period of 200-days by -100.00% in comparison to the 20-day moving average, which settled at $0.8598. In addition, Mullen Automotive Inc saw -99.84% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MULN starting from WINTER MARY, who sale 62,000 shares at the price of $2.01 back on Mar 05 ’25. After this action, WINTER MARY now owns 0 shares of Mullen Automotive Inc, valued at $124,620 using the latest closing price.
WINTER MARY, the Director of Mullen Automotive Inc, sale 2,716 shares at $3.73 during a trade that took place back on Feb 27 ’25, which means that WINTER MARY is holding 0 shares at $10,131 based on the most recent closing price.
Stock Fundamentals for MULN
Current profitability levels for the company are sitting at:
- -65.93 for the present operating margin
- -7.33 for the gross margin
The net margin for Mullen Automotive Inc stands at -127.17. The total capital return value is set at 3.62. Equity return is now at value -950.02, with -184.25 for asset returns.
Based on Mullen Automotive Inc (MULN), the company’s capital structure generated -0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -5.54. The debt to equity ratio resting at -0.0. The interest coverage ratio of the stock is -2.24.
Currently, EBITDA for the company is -391.83 billion with net debt to EBITDA at -0.06. When we switch over and look at the enterprise to sales, we see a ratio of 6.33. The receivables turnover for the company is 40.61for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.24.
Conclusion
In a nutshell, Mullen Automotive Inc (MULN) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
