Bon Natural Life (NASDAQ:BON) Trading Down 0.9% – Time to Sell?

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

Analysts Set New Price Targets

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

Bon Natural Life Stock Down 0.9%

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

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.