Investors’ Patience Is Being Tested Right Now By 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.

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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 $18.33M. A total of 3.28 million shares were traded on the day, compared to an average of 2.97M shares.

In the most recent transaction, POPA CALIN sold 23,223 shares of MULN for 3.10 per share on Jun 06 ’24. After the transaction, the President – Mullen Automotive now owns 286,506 company shares. In a previous transaction on Jun 07 ’24, POPA CALIN sold 1,722 shares at 3.09 per share. MULN shares that President – Mullen Automotive owns now total 284,784.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MULN has a high of $2121.00 and a low of $1.60.

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 $217.55, 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.

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