Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) traded up 1.5% during trading on Monday . The company traded as high as $2.80 and last traded at $2.72. 236,093 shares were traded during mid-day trading, a decline of 92% from the average session volume of 2,880,820 shares. The stock had previously closed at $2.68.
Mullen Automotive Stock Down 4.6 %
The firm has a 50 day simple moving average of $4.01 and a two-hundred day simple moving average of $6.61.
Mullen Automotive (NASDAQ:MULN – Get Free Report) last posted its quarterly earnings data on Tuesday, May 14th. The company reported ($19.39) earnings per share (EPS) for the quarter. The firm had revenue of $0.02 million for the quarter.
Insider Activity
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Mullen Automotive stock. FNY Investment Advisers LLC bought a new position in Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,700 shares of the company’s stock, valued at approximately $38,000. FNY Investment Advisers LLC owned approximately 0.07% of Mullen Automotive at the end of the most recent reporting period. Hedge funds and other institutional investors 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.
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