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

Bon Natural Life Limited (NYSE:BONGet Free Report) shares fell 57.5% during trading on Monday . The stock traded as low as $0.55 and last traded at $0.61. 22,566,036 shares traded hands 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 Price Performance

The business has a 50-day moving average of $1.25 and a 200 day moving average of $1.49. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.42 and a quick ratio of 2.32.

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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