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Mullen Automotive NasdaqCM:MULN Stock Report

Last Price

US$2.66

Market Cap

US$41.5m

7D

-6.0%

1Y

-98.7%

Updated

17 Jun, 2024

Data

Company Financials

Mullen Automotive, Inc.

NasdaqCM:MULN Stock Report

Market Cap: US$41.5m

MULN Stock Overview

An electric vehicle company, manufactures, sells, and distributes electric vehicles.

MULN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Mullen Automotive, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mullen Automotive
Historical stock prices
Current Share PriceUS$2.66
52 Week HighUS$289.08
52 Week LowUS$2.36
Beta0.77
1 Month Change-45.27%
3 Month Change-42.80%
1 Year Change-98.71%
3 Year Changen/a
5 Year Changen/a
Change since IPO-100.00%

Recent News & Updates

Recent updates

Bollinger Motors, Wabash partner to develop all-electric refrigerated delivery truck

Sep 21

Mullen shares specifics on FIVE RS EV sport crossover

Sep 15

Mullen, Watergen partner to launch in-vehicle air-to-water tech for EVs

Sep 01

Mullen's first EV crossover demo vehicles will arrive in October 2022

Aug 22

Mullen: Well Positioned For The Solid-State Battery Race

Aug 09

Mullen opens new automotive development center in Irvine

Aug 01

Mullen: A Force In The Making

Jul 21

Mullen Automotive signs agreement with Amazon's delivery partner for EV cargo vans

Jul 11

Mullen to report strongest balance sheet in company’s history, says CEO David Michery

Jun 30

Mullen: Too Many Positive Catalysts Ahead

Jun 14

Mullen Automotive Stock: What Is The Outlook For The Rest Of 2022?

May 04

Mullen Automotive - A Short Squeeze Could Present Short Selling Opportunities

Mar 16

Shareholder Returns

MULNUS AutoUS Market
7D-6.0%0.9%1.0%
1Y-98.7%-26.8%20.8%

Return vs Industry: MULN underperformed the US Auto industry which returned -26.8% over the past year.

Return vs Market: MULN underperformed the US Market which returned 20.8% over the past year.

Price Volatility

Is MULN's price volatile compared to industry and market?
MULN volatility
MULN Average Weekly Movement33.8%
Auto Industry Average Movement9.8%
Market Average Movement5.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: MULN's share price has been volatile over the past 3 months.

Volatility Over Time: MULN's weekly volatility (34%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a326David Micherywww.mullenusa.com

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.

Mullen Automotive, Inc. Fundamentals Summary

How do Mullen Automotive's earnings and revenue compare to its market cap?
MULN fundamental statistics
Market capUS$41.45m
Earnings (TTM)-US$674.98m
Revenue (TTM)US$399.34k

103.8x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MULN income statement (TTM)
RevenueUS$399.34k
Cost of RevenueUS$2.40m
Gross Profit-US$2.00m
Other ExpensesUS$672.97m
Earnings-US$674.98m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-43.31
Gross Margin-501.56%
Net Profit Margin-169,025.06%
Debt/Equity Ratio2.3%

How did MULN perform over the long term?

See historical performance and comparison
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