How to Buy Mullen Automotive Stock

Mullen Automotive Inc

Mullen Automotive, Inc. , an electric vehicle company, manufactures and distributes electric vehicles.

Mullen Automotive stock last closed at $0.81, down 15.22% from the previous day, and has decreased 96.7% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.99 percentage points. Mullen Automotive stock is currently +12.22% from its 52-week low of $0.72, and -98.11% from its 52-week high of $42.75.

There are currently 172.51M shares of MULN outstanding. The market capitalization of MULN is $139.39M. In the past 24 hours, 54.36M MULN shares were traded.

How to Buy Mullen Automotive Stock

Wondering how to invest in Mullen Automotive stock? Here's how.
  1. Decide where to buy Mullen Automotive stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Mullen Automotive stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your payment method and add your details.
  4. Research Mullen Automotive stock: The Mullen Automotive ticker symbol is MULN. Is Mullen Automotive stock a good investment? Should you buy shares of MULN? How do MULN's underlying business fundamentals look? Do top analysts think Mullen Automotive is a good buy? Why has MULN's stock price moved recently? (Hint: Our stock research website can help you understand if MULN is a good stock to buy).
  5. Place your MULN purchase: Decide if you will purchase MULN shares at the current market price or use a limit order to buy MULN stock at a particular price.
  6. Get the latest scoop on your MULN investment: Create a watchlist to monitor your investment in Mullen Automotive shares.

Step 1: Decide where to buy Mullen Automotive stock

You need an online brokerage account to access the NASDAQ market and buy MULN stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in MULN stock today.

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Step 3: Put funds into your brokerage account

Now that you have filled out your info on investing apps, you need to deposit funds:

Watch the tutorial below for more details depositing funds into your brokerage account.

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Step 4: Research Mullen Automotive stock

After you have chosen the best place to buy Mullen Automotive stock, it's crucial to analyze their stock before you invest, so you truly understand the risk as well as the upside.

Mullen Automotive stock at a glance

MULN Price
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MULN Fundamentals

WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on MULN's stock page.

Is MULN stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge MULN's intrinsic value.

Using relative valuations measures:

  • MULN may be undervalued based on its P/B ratio of 0.82x, relative to Software - Infrastructure industry P/B ratio of 11.79x

You can access additional valuation research on MULN's stock here.

MULN Financial Health Summary


  • Total MULN debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the MULN balance sheet.


  • There are more short-term liabilities than short-term assets on the MULN balance sheet.
  • MULN has cash burn of 113905175. It does not have sufficient cash and short-term investments to cover this.
  • MULN has a relatively high debt to equity ratio of 0.83.
  • MULN has $86.75M in cash and short term investments. This is not sufficient to cover its annual cash burn of $113.91M.

MULN Momentum

MACD Signal
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MULN Revenue

Last year, MULN revenue was $0.00. During the last 5 year, MULN's revenue has gone up by -100% per year. This was slower than the Software - Infrastructure industry average of 17.98%.

You can analyze MULN's earnings and revenue performance here.

Latest Insiders Trades at MULN

In the last year, insiders at MULN have sold more shares than they have bought.

Jonathan New, CFO of MULN, was the latest MULN insider to sell. They sold $36,585.18 worth of MULN shares on Mar 6, 2023.

Research more about who owns MULN shares here.

Can I get consistent income from MULN stock?

No, Mullen Automotive doesn't provide an income stream by paying out dividends.

MULN Social Trading Data

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Step 5: Place your MULN purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price limit, place a limit order.

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Step 6: Get the latest scoop on your MULN investment

Now that you own some MULN stock, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to get the latest updates about your MULN stock.


How to Buy Stock in Mullen Automotive

To reiterate, here are the 6 steps to buy stock in Mullen Automotive:

  1. Decide where to buy Mullen Automotive stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Research Mullen Automotive stock
  5. Place your MULN purchase
  6. Get the latest scoop on your MULN investment

If you require a brokerage, eToro is our recommended venue.

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If you want to get notifications regarding your investment in Mullen Automotive, get started below.

$0.81-0.15 (-15.22%)
Updated May 26, 2023
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$0.81-0.15 (-15.22%)
Updated May 26, 2023
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How much does it cost to buy one Mullen Automotive share?

As of May 26, 2023, it costs $0.81 to buy one share of Mullen Automotive stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.4, you can buy 0.5 shares of MULN.

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What is the best way to buy Mullen Automotive stock?

One way to place an order for Mullen Automotive stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.