Bon Natural Life Ltd [BON] moved down -1.59: Why It’s Important

Bon Natural Life Ltd [NASDAQ: BON] stock went on a downward path that fall over -1.59% on Friday, amounting to a one-week price decrease of less than -13.80%.

Over the last 12 months, BON stock dropped by -97.88%.

The market cap for the stock reached $0.27 million, with 3.97 million shares outstanding and 1.01 million shares in the current float. Compared to the average trading volume of 36.23M shares, BON stock reached a trading volume of 15358491 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Bon Natural Life Ltd [BON]:

The Average True Range (ATR) for Bon Natural Life Ltd is set at 0.04, with the Price to Sales ratio for BON stock in the period of the last 12 months amounting to 0.01. The Price to Book ratio for the last quarter was 0.01, with the Price to Cash per share for the same quarter was set at 0.14.

BON Stock Performance Analysis:

Bon Natural Life Ltd [BON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.80. With this latest performance, BON shares dropped by -3.47% in over the last four-week period, additionally sinking by -96.06% over the last 6 months – not to mention a drop of -97.88% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BON stock in for the last two-week period is set at 33.01, with the RSI for the last a single of trading hit 34.44, and the three-weeks RSI is set at 33.42 for Bon Natural Life Ltd [BON]. The present Moving Average for the last 50 days of trading for this stock 0.3049, while it was recorded at 0.0557 for the last single week of trading, and 1.2939 for the last 200 days.

Insight into Bon Natural Life Ltd Fundamentals:

Bon Natural Life Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 2.42.

Bon Natural Life Ltd [BON] Institutonal Ownership Details