Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report)’s stock price fell 9% on Tuesday . The company traded as low as $0.48 and last traded at $0.48. 4,179,388 shares were traded during trading, an increase of 19% from the average session volume of 3,503,327 shares. The stock had previously closed at $0.53.
Mullen Automotive Trading Down 16.3 %
The firm’s 50-day moving average price is $2.01 and its 200 day moving average price is $4.27.
Mullen Automotive (NASDAQ:MULN – Get Free Report) last released its quarterly earnings data on Tuesday, May 14th. The company reported ($19.39) EPS for the quarter. The business had revenue of $0.02 million for the quarter.
Insider Activity
Institutional Trading of Mullen Automotive
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) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 41,065 shares of the company’s stock, valued at approximately $214,000. Virtu Financial LLC owned 0.63% of Mullen Automotive at the end of the most recent quarter. Institutional investors and hedge funds own 11.71% of the company’s stock.
About Mullen Automotive
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.
Recommended Stories
- Five stocks we like better than Mullen Automotive
- Best Stocks Under $5.00
- Buy On Holdings Stock Before the Market Catches Its Second Wind?
- Best Stocks Under $10.00
- 3 High-Potential Stocks That Could Turn Into Multi-Baggers
- The Significance of Brokerage Rankings in Stock Selection
- CEO Swap: Starbucks Surges 22% on Hiring New CEO From Chipotle
Receive News & Ratings for Mullen Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mullen Automotive and related companies with MarketBeat.com's FREE daily email newsletter.