E
Sell
3/3/2025Downgrade
Mullen Automotive, Inc. (MULN) was downgraded to E from E+ on 3/3/2025 due to a noticeable decline in the solvency index, volatility index and total return index. The quick ratio declined from 0.06 to 0.01, and debt to equity increased from -0.29 to -0.16.
E
Sell
3/14/2023Downgrade
Mullen Automotive, Inc. (MULN) was downgraded to E+ from D- on 3/14/2023 due to a decline in the volatility index.
D
Sell
2/16/2023Upgraded
Mullen Automotive, Inc. (MULN) was upgraded to D- from E+ on 2/16/2023 due to a substantial increase in the growth index, valuation index and volatility index. Earnings per share increased from -$1.0703 to -$0.28.
E
Sell
1/17/2023Downgrade
Mullen Automotive, Inc. (MULN) was downgraded to E+ from D- on 1/17/2023 due to a large decline in the growth index and volatility index. Earnings per share declined from -$0.1639 to -$1.0703, EBIT declined 88% from -$18.22M to -$34.26M, and operating cash flow declined 23.03% from -$18.35M to -$22.58M.
D
Sell
8/1/2022Upgraded
Mullen Automotive, Inc. (MULN) was upgraded to D- from E on 8/1/2022 due to a significant increase in the solvency index, growth index and volatility index. Earnings per share increased from -$2.09 to -$0.6338, and operating cash flow increased 30.95% from -$14.71M to -$10.16M.
E
Sell
5/1/2022Upgraded
Mullen Automotive, Inc. (MULN) was upgraded to E from E- on 5/1/2022 due to an increase in the efficiency index and total return index. Total capital increased 155.4% from -$19.81M to $10.97M.
E
Sell
2/1/2022None
Mullen Automotive, Inc. (MULN) was downgraded to E- from U on 02/01/2022.
