Bon Natural Life (NASDAQ:BON) Stock Price Down 0.9% – Here’s Why

Bon Natural Life Limited (NASDAQ:BON) shares traded down 0.9% on Friday . The company traded as low as $1.70 and last traded at $1.7050. 37,278 shares were traded during mid-day trading, a decline of 9% from the average session volume of 40,835 shares. The stock had previously closed at $1.72.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Bon Natural Life in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Bon Natural Life Stock Down 0.9%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.29 and a current ratio of 2.44. The stock’s 50 day moving average is $1.87 and its two-hundred day moving average is $1.67.

Bon Natural Life Company Profile

Bon Natural Life Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of functional active ingredients extracted from natural herb plants in the People’s Republic of China and internationally. The company provides personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers; natural health supplements comprising powder drinks and bioactive food ingredient products primarily used as food additives; and nutritional supplements.