The Street Is Finally Waking Up To Mullen Automotive Inc (NASDAQ: MULN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed BOLLINGER MOTORS NAMES LAFONTAINE AS FIRST COMMERCIAL DEALERSHIP.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Mullen Automotive Inc is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Auto Manufacturers industry. The current market capitalization of Mullen Automotive Inc is $52.60M. A total of 0.78 million shares were traded on the day, compared to an average of 1.49M shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, MULN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 9 BUYs and 1 SELLs from insiders. Insiders purchased 30,116,564 shares during that period but sold 159,066.

In the most recent transaction, Michery David bought 102,040 shares of MULN for 0.98 per share on Aug 16. After the transaction, the CEO, President now owns 1,322,083 company shares. In a previous transaction on Mar 06, New Jonathan sold 159,066 shares at 0.23 per share. MULN shares that CFO owns now total 8,611.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for MULN in the last 3 months, the mean price target is $517,500.00 with high estimates of $517,500.00 and low estimates of $517,500.00. In terms of 52-week highs and lows, MULN has a high of $7031.25 and a low of $6.36.

As of this writing, MULN has an earnings estimate of $3,600 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $3,600 per share and a lower estimate of $3,600. The company reported an EPS of -$1,350 in the last quarter, which was 71.40% higher than expectations of -$4,725.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MULN’s latest balance sheet shows that the firm has $42.17k in Cash & Short Term Investments as of fiscal 2021. There were $41.91M in debt and $71.16M in liabilities at the time. Its Book Value Per Share was $35.78, while its Total Shareholder’s Equity was -$61.71M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock.

Most Popular

Related Posts