Mullen Automotive Inc (NASDAQ:MULN) shares traded -10.89% lower at $0.9 on Wall Street last session.
MULN stock price is now -97.19% 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 $2.60M.
In other news, PUCKETT KENT, Director sold 21,000 shares of the company’s stock on Jun 10 ’25. The stock was sold for $124,261 at an average price of $5.92. Upon completion of the transaction, the Director now directly owns 1 shares in the company, valued at $0.9. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 03 ’25, 10% Owner HRT FINANCIAL LP bought 546,706 shares of the business’s stock. A total of $43,736 was incurred on buying the stock at an average price of $0.08. This leaves the insider owning 665,392 shares of the company worth $0.6 million. A total of 0.25% of the company’s stock is owned by insiders.
During the past 12 months, Mullen Automotive Inc has had a low of $1.00 and a high of $161400000.00.
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.
