Bon Natural Life (NYSE:BON) Stock Price Down 57.5% – What’s Next?

Bon Natural Life Limited (NYSE:BONGet Free Report)’s share price fell 57.5% on Monday . The stock traded as low as $0.55 and last traded at $0.61. Approximately 22,566,036 shares were traded during mid-day trading, an increase of 3,805% from the average session volume of 577,863 shares. The stock had previously closed at $1.44.

Bon Natural Life Stock Down 24.9 %

The firm’s 50-day simple moving average is $1.23 and its 200-day simple moving average is $1.48. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.32 and a current ratio of 2.42.

Bon Natural Life Company Profile

(Get Free Report)

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. It offers personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers; and natural health supplements comprising powder drinks and bioactive food ingredient products used as food additives and nutritional supplements.

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