Mullen Automotive, Inc. (NASDAQ:MULN - Get Free Report) Director John Kevin Andersen sold 13,334 shares of the business's stock in a transaction on Friday, January 26th. The shares were sold at an average price of $6.77, for a total transaction of $90,271.18. Following the sale, the director now directly owns 5 shares of the company's stock, valued at $33.85. This represents a 99.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
John Kevin Andersen also recently made the following trade(s):
- On Tuesday, January 7th, John Kevin Andersen sold 174,500 shares of Mullen Automotive stock. The stock was sold at an average price of $0.91, for a total transaction of $158,795.00.
Mullen Automotive Trading Down 20.4 %
Shares of NASDAQ:MULN opened at $4.09 on Friday. The business's 50 day moving average price is $35.68 and its 200-day moving average price is $491.12. Mullen Automotive, Inc. has a 1 year low of $3.96 and a 1 year high of $49,080.00.
Mullen Automotive (NASDAQ:MULN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported ($661.33) earnings per share (EPS) for the quarter. The business had revenue of $2.92 million for the quarter. Mullen Automotive had a negative return on equity of 795.64% and a negative net margin of 12,717.94%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Mullen Automotive stock. Virtu Financial LLC acquired a new stake in Mullen Automotive, Inc. (NASDAQ:MULN - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,728 shares of the company's stock, valued at approximately $59,000. Virtu Financial LLC owned approximately 0.34% of Mullen Automotive as of its most recent SEC filing. 11.71% of the stock is currently owned by institutional investors and hedge funds.
Mullen Automotive Company Profile
(
Get Free Report)
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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