Bon Natural Life Ltd (NASDAQ: BON) Now -76.82% Off Its High ($6.99), Does Analysts See Headwinds And Risks?

Bon Natural Life Ltd (NASDAQ:BON) currently has a daily average trading volume of 17.52K but it saw 1230228 shares traded in last market. With a market cap of 2.25M USD, the company’s current market price of $1.62 came rising about 11.72 while comparing to the previous closing price of $1.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.99 and as low as $1.38. In the recent trading on the day, stock has struck highest price mark of $1.23 while lowest mark touched by it was $1.79.

Taking a look at 20-day trading activity of Bon Natural Life Ltd (BON) gives us an average price of $1.8507, while its current price level is -76.82% below from 52-week high level whereas it is 17.39% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.0228 while that of 200 days or SMA-200 reads an average of $3.6758. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.75% during that period while stretching the period over a month that decreases to 9.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.00 which implies that the stock is in neutral territory.

Over the week, BON’s stock price is moving -6.35% down while it is -19.40% when we observe its performance for the past one month. Year-to-date it is -70.00% down and over the past year, the stock is showing a downside performance of -69.72%.

Currently, Bon Natural Life Ltd’s total number of outstanding shares is 11.74M. Company’s return on investment (ROI) stands at 12.61% and return on equity (ROE) at 14.13%. It has a price to earnings ratio (P/E ratio) of 3.62. Stock’s beta reads -1.20. Stock has a price to book (P/B) ratio of 0.54 while price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is 10.97% on average.