Don't Judge Mullen Automotive on Technicals Alone - Check Its Fundamentals!

By Harris Dyer • Monday, December 04 10:44 • Permanent Link

Small-cap Consumer Discretionary company Mullen Automotive has moved 11.3% so far today on a volume of 24,359,940, compared to its average of 48,151,903. In contrast, the S&P 500 index moved -1.0%.

Anyone interested in buying MULN should be aware of the facts below:

Based on its trailing earnings per share of -319.08, Mullen Automotive has a trailing 12 month Price to Earnings (P/E) ratio of -0.0 while the S&P 500 average is None
MULN has a forward P/E ratio of 0.2 based on its forward 12 month price to earnings (EPS) of $0.75 per share
Its Price to Book (P/B) ratio is 0.06 compared to its sector average of None
Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles.
Based in Brea, the company has 118 full time employees and a market cap of $75.84 Million.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.