Bon Natural Life Ltd (NASDAQ: BON): Think Like A Lender, Not An Investor

Bon Natural Life Ltd (NASDAQ:BON) currently has a daily average trading volume of 11.40M but it saw 23834629 shares traded in last market. With a market cap of 0.20M USD, the company’s current market price of $0.07 came falling about -15.38 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.31 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.0709 while lowest mark touched by it was $0.0912.

Taking a look at 20-day trading activity of Bon Natural Life Ltd (BON) gives us an average price of $0.4874, while its current price level is -98.63% below from 52-week high level whereas it is -11.57% 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 $0.9193 while that of 200 days or SMA-200 reads an average of $1.5793. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.14% during that period while stretching the period over a month that increases to 39.05%. 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 30.61 which implies that the stock is in neutral territory.

Over the week, BON’s stock price is moving -54.62% down while it is -92.81% when we observe its performance for the past one month. Year-to-date it is -95.90% down and over the past year, the stock is showing a downside performance of -98.25%.

The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Bon Natural Life Ltd’s total number of outstanding shares is 3.97M with 48.44% of that held by the insiders while 0.00% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.89% and return on equity (ROE) at 1.05%. It has a price to earnings ratio (P/E ratio) of 0.71. Stock’s beta reads -0.51. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.01. Its return on asset (ROA) is 0.77% on average.