Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report)’s share price shot up 0.3% on Tuesday . The company traded as high as $0.30 and last traded at $0.25. 21,781,114 shares changed hands during mid-day trading, an increase of 407% from the average session volume of 4,292,283 shares. The stock had previously closed at $0.25.
Mullen Automotive Stock Down 3.2 %
The business’s fifty day moving average is $1.72 and its two-hundred day moving average is $4.03.
Insider Activity at Mullen Automotive
In related news, insider Calin Popa sold 23,223 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $3.10, for a total value of $71,991.30. Following the completion of the sale, the insider now owns 286,506 shares of the company’s stock, valued at $888,168.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Mullen Automotive
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.
Further Reading
- Five stocks we like better than Mullen Automotive
- Investing In Preferred Stock vs. Common Stock
- Columbia Sportswear: A Turnaround Story That’s Gaining Ground
- How to Read Stock Charts for Beginners
- Lowe’s Stock: Hold Now, Buy it When it Dips
- The Role Economic Reports Play in a Successful Investment Strategy
- ZIM Shipping Stock Soars as the Industry Shows a Bottoming Trend
Receive News & Ratings for Mullen Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mullen Automotive and related companies with MarketBeat.com's FREE daily email newsletter.