Mullen Group Stock Today

MTL Stock  CAD 15.47  0.13  0.85%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 25

 
High
 
Low
Low
Mullen is selling at 15.47 as of the 25th of November 2024; that is 0.85% up since the beginning of the trading day. The stock's open price was 15.34. Mullen has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mullen Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Transportation
Category
Industrials
Mullen Group Ltd. provides trucking and logistics services in Canada and the United States. Mullen Group Ltd. was founded in 1949 and is headquartered in Okotoks, Canada. MULLEN GROUP operates under Trucking classification in Canada and is traded on Toronto Stock Exchange. The company has 87.64 M outstanding shares of which 4.42 M shares are now shorted by private and institutional investors with about 18.35 days to cover all short positions. More on Mullen Group

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Moving against Mullen Stock

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Mullen Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mullen's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mullen or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanMurray Mullen
Business ConcentrationGround Transportation, Transportation, Industrials, Industrials, Ground Transportation, Trucking, Industrials (View all Sectors)
Mullen's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mullen's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Mullen can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mullen's financial leverage. It provides some insight into what part of Mullen's total assets is financed by creditors.
Liquidity
Mullen cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Mullen Group has accumulated 764.08 M in total debt with debt to equity ratio (D/E) of 0.7, which is about average as compared to similar companies. Mullen Group has a current ratio of 2.87, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Mullen until it has trouble settling it off, either with new capital or with free cash flow. So, Mullen's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mullen Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mullen to invest in growth at high rates of return. When we think about Mullen's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

65.27 Million
Mullen Group (MTL) is traded on Toronto Exchange in Canada and employs 7,400 people. Mullen is listed under Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.36 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mullen's market, we take the total number of its shares issued and multiply it by Mullen's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mullen Group operates under Ground Transportation sector and is part of Industrials industry. The entity has 87.64 M outstanding shares of which 4.42 M shares are now shorted by private and institutional investors with about 18.35 days to cover all short positions. Mullen Group has accumulated about 8.76 M in cash with 243.32 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.09.
Check Mullen Probability Of Bankruptcy
Ownership Allocation
Mullen Group maintains a total of 87.64 Million outstanding shares. Mullen Group secures 6.32 % of its outstanding shares held by insiders and 24.41 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mullen Ownership Details

Mullen Group Risk Profiles

Although Mullen's alpha and beta are two of the key measurements used to evaluate Mullen's performance over the market, the standard measures of volatility play an important role as well.

Mullen Stock Against Markets

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Mullen Corporate Directors

Christine McGinleyIndependent DirectorProfile
David MullenDirectorProfile
Stephen LockwoodIndependent DirectorProfile
Sonia TibbattsLead Independent DirectorProfile

Other Information on Investing in Mullen Stock

Mullen financial ratios help investors to determine whether Mullen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mullen with respect to the benefits of owning Mullen security.