Mullen Automotive (MULN) stock forecast for 2024
Last update: December 5, 2023 (06:14)
Sector: Consumer defensiveThe share price of Mullen Automotive, Inc. (MULN) now
50/200 Day Moving Average: $0.311 / $1.279
This figure corresponds to the Average Price over the previous 50/200 days. For Mullen Automotive stocks, the 50-day moving average is the resistance level today.
For Mullen Automotive stocks, the 200-day moving average is the resistance level today.
Are you interested in Mullen Automotive stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Mullen Automotive stock price in 2024. How much will one Mullen Automotive share be worth in 2024? Is it worth taking profit / loss on Mullen Automotive stock now or waiting? What are analysts' forecasts for Mullen Automotive stock?
We forecast Mullen Automotive stock performance using neural networks based on historical data on Mullen Automotive stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Mullen Automotive stock prediction results are shown below and presented as a graph, table and text information.
Mullen Automotive stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Mullen Automotive analysts is $23.
Today 200 Day Moving Average is the resistance level (1.279 $).
50 Day Moving Average is the resistance level (0.311 $).
Sell or Buy Mullen Automotive (MULN) stocks? Analytic Experts Forecasting...
We present you the most up-to-date and complete review of analytical trend forecasts and views on the MULN stock market. Experts share their opinions on what to expect from the … Read more
Mullen Automotive: Worst Is Yet To Come
Historical and forecast chart of Mullen Automotive stock
The chart below shows the historical price of Mullen Automotive stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Mullen Automotive stock price can be found in the table below.
Mullen Automotive (MULN) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.24 | 0.12 | 0.34 | 65.80 % |
| Feb | 0.34 | 0.17 | 0.39 | 55.73 % |
| Mar | 0.38 | 0.20 | 0.44 | 53.72 % |
| Apr | 0.39 | 0.22 | 0.53 | 58.90 % |
| May | 0.17 | 0.15 | 0.25 | 42.82 % |
| Jun | 0.26 | 0.20 | 0.30 | 33.18 % |
| Jul | 0.24 | 0.20 | 0.37 | 45.95 % |
| Aug | 0.21 | 0.11 | 0.28 | 60.83 % |
| Sep | 0.19 | 0.14 | 0.26 | 44.84 % |
| Oct | 0.26 | 0.17 | 0.40 | 58.16 % |
| Nov | 0.15 | 0.08 | 0.23 | 63.48 % |
| Dec | 0.07 | 0.05 | 0.08 | 36.53 % |
Mullen Automotive information and performance
Mullen Technologies, Inc. is a public American electric car company trading on the NASDAQ. Headquartered in Brea, California founded in 2014, Mullen owns other businesses including Mullen Auto Sales, consisting of a chain of car dealerships in California and Arizona, the company CarHub.
3363 NE 163RD STREET, SUITE 705, NORTH MIAMI BEACH, FL, US
Market capitalization of the Mullen Automotive, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MULN shares in the company outstanding by the market price of one share.
EBITDA of Mullen Automotive is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Mullen Automotive price target for 2024 by month
Target values for the price of one Mullen Automotive share for Jan 2024.
In Jan, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 65.800% volatility is expected.
Pessimistic target level: 0.12
Optimistic target level: 0.34
Target values for the price of one Mullen Automotive share for Feb 2024.
In Feb, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 55.731% volatility is expected.
Pessimistic target level: 0.17
Optimistic target level: 0.39
Target values for the price of one Mullen Automotive share for Mar 2024.
In Mar, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 53.719% volatility is expected.
Pessimistic target level: 0.20
Optimistic target level: 0.44
Target values for the price of one Mullen Automotive share for Apr 2024.
In Apr, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 58.895% volatility is expected.
Pessimistic target level: 0.22
Optimistic target level: 0.53
Target values for the price of one Mullen Automotive share for May 2024.
In May, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 42.823% volatility is expected.
Pessimistic target level: 0.15
Optimistic target level: 0.25
Target values for the price of one Mullen Automotive share for Jun 2024.
In Jun, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 33.178% volatility is expected.
Pessimistic target level: 0.20
Optimistic target level: 0.30
Target values for the price of one Mullen Automotive share for Jul 2024.
In Jul, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 45.953% volatility is expected.
Pessimistic target level: 0.20
Optimistic target level: 0.37
Target values for the price of one Mullen Automotive share for Aug 2024.
In Aug, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 60.830% volatility is expected.
Pessimistic target level: 0.11
Optimistic target level: 0.28
Target values for the price of one Mullen Automotive share for Sep 2024.
In Sep, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 44.844% volatility is expected.
Pessimistic target level: 0.14
Optimistic target level: 0.26
Target values for the price of one Mullen Automotive share for Oct 2024.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 58.158% volatility is expected.
Pessimistic target level: 0.17
Optimistic target level: 0.40
Target values for the price of one Mullen Automotive share for Nov 2024.
In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 63.479% volatility is expected.
Pessimistic target level: 0.08
Optimistic target level: 0.23
Target values for the price of one Mullen Automotive share for Dec 2024.
In Dec, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 36.528% volatility is expected.
Pessimistic target level: 0.05
Optimistic target level: 0.08
Mullen Automotive (MULN) stock dividend
Mullen Automotive last paid dividends on 01/01/1970. The next scheduled payment will be on 10/05/2017. The amount of dividends is $0 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
