Mullen Automotive, Inc. (NASDAQ:MULN - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $9.51 and last traded at $9.90, with a volume of 130931 shares trading hands. The stock had previously closed at $11.82.
Mullen Automotive Price Performance
The business has a 50 day moving average of $37.50 and a 200 day moving average of $523.08.
Mullen Automotive (NASDAQ:MULN - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported ($661.33) earnings per share (EPS) for the quarter. Mullen Automotive had a negative return on equity of 795.64% and a negative net margin of 12,717.94%. The company had revenue of $2.92 million for the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Mullen Automotive stock. Virtu Financial LLC bought a new stake in Mullen Automotive, Inc. (NASDAQ:MULN - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,728 shares of the company's stock, valued at approximately $59,000. Virtu Financial LLC owned approximately 0.34% of Mullen Automotive as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 11.71% of the company's stock.
About Mullen Automotive
(
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Mullen Automotive, Inc, an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.
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