Mullen Automotive, Inc. (NASDAQ:MULN – Get Free Report) dropped 14.8% on Wednesday . The stock traded as low as $8.69 and last traded at $8.90. Approximately 471,782 shares changed hands during mid-day trading, an increase of 215% from the average daily volume of 149,826 shares. The stock had previously closed at $10.45.
Mullen Automotive Trading Down 19.6 %
The stock has a 50 day moving average price of $0.95 and a two-hundred day moving average price of $3.04.
Mullen Automotive (NASDAQ:MULN – Get Free Report) last released its earnings results on Monday, August 12th. The company reported ($7.91) EPS for the quarter. The company had revenue of $0.07 million for the quarter.
Institutional Trading of 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.
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