Bon Natural Life (NASDAQ:BON) Shares Down 0.9% – Should You Sell?

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Bon Natural Life in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Bon Natural Life has an average rating of “Sell”.

Bon Natural Life Price Performance

The stock’s 50-day moving average is $1.87 and its 200 day moving average is $1.67. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.44 and a quick ratio of 2.29.

About Bon Natural Life

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.