Shares of Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) were up 0.4% during trading on Tuesday . The stock traded as high as $2.69 and last traded at $2.67. Approximately 278,157 shares traded hands during trading, a decline of 90% from the average daily volume of 2,865,522 shares. The stock had previously closed at $2.66.
Mullen Automotive Stock Performance
The firm’s fifty day moving average is $4.01 and its 200 day moving average is $6.58.
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 business had revenue of $0.02 million for the quarter.
Insider Buying and Selling at Mullen Automotive
Hedge Funds Weigh In On Mullen Automotive
An institutional investor recently bought a new position in Mullen Automotive stock. FNY Investment Advisers LLC bought a new stake in Mullen Automotive, Inc. (NASDAQ:MULN – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 quarter. Hedge funds and other institutional investors own 11.71% of the company’s stock.
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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