In Friday’s Wall Street session, Mullen Automotive Inc (NASDAQ:MULN) shares traded at $2.00, down -38.08% from the previous session.
MULN stock price is now -98.09% away from the 50-day moving average and -100.00% away from the 200-day moving average. The market capitalization of the company currently stands at $4.40M.
In other news, HRT FINANCIAL LP, 10% Owner bought 546,706 shares of the company’s stock on Apr 03 ’25. The stock was bought for $43,736 at an average price of $0.08. Upon completion of the transaction, the 10% Owner now directly owns 665,392 shares in the company, valued at $1.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 04 ’25, 10% Owner HRT FINANCIAL LP sold 2,012,436 shares of the business’s stock. A total of $160,995 was realized by selling the stock at an average price of $0.08. This leaves the insider owning 1,347,044 shares of the company worth $2.69 million. A total of 0.24% of the company’s stock is owned by insiders.
During the past 12 months, Mullen Automotive Inc has had a low of $3.00 and a high of $176400000.00. The fifty day moving average price for MULN is $106.224 and a two-hundred day moving average price translates $1475583.0 for the stock.
The latest earnings results from Mullen Automotive Inc (NASDAQ: MULN) was released for 2025-03-31. The net profit margin was -4916.31% and return on equity was -3842.15% for MULN. The company reported revenue of $4.95 million for the quarter, compared to $33000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14900.0 percent.
