Shares of Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) were down 10.3% on Tuesday . The company traded as low as $2.23 and last traded at $2.27. Approximately 1,433,139 shares were traded during mid-day trading, an increase of 294% from the average daily volume of 363,545 shares. The stock had previously closed at $2.53.
Mullen Automotive Stock Performance
The company has a 50-day simple moving average of $1.88 and a two-hundred day simple moving average of $2.82.
Mullen Automotive (NASDAQ:MULN – Get Free Report) last issued its earnings results on Monday, August 12th. The company reported ($7.91) earnings per share for the quarter. The company had revenue of $0.07 million for the quarter.
Institutional Investors Weigh In On Mullen Automotive
Mullen Automotive Company Profile
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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