Bon Natural Life Ltd (NASDAQ:BON) price on Thursday, March 20, fall -25.78% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.26.
A look at the stock’s price movement, the close in the last trading session was $0.35, moving within a range at $0.241 and $0.332. The beta value (5-Year monthly) was -1.094 while the PE ratio in trailing twelve months stood at 2.55. Turning to its 52-week performance, $5.31 and $0.34 were the 52-week high and 52-week low respectively. Overall, BON moved -79.37% over the past month.
Bon Natural Life Ltd’s market cap currently stands at around $2.72 million, with investors looking forward to this quarter’s earnings report slated for in April.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BON is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
BON’s current price about -70.42% and -78.10% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.84, while 7-day volatility ratio is 61.75% and 38.03% in the 30-day chart. Further, Bon Natural Life Ltd (BON) has a beta value of -0.74, and an average true range (ATR) of 0.37.
If we refocus on Bon Natural Life Ltd (NASDAQ:BON), historical trading data shows that trading volumes averaged 23.37 over the past 10 days and 3.49 million over the past 3 months. The company’s latest data on shares outstanding shows there are 3.97 million shares.
The 57.53% of Bon Natural Life Ltd’s shares are in the hands of company insiders while institutional holders own 0.00% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 49248.0 on 2025-02-28, giving us a short ratio of 0.19. The data shows that as of 2025-02-28 short interest in Bon Natural Life Ltd (BON) stood at 229.0 of shares outstanding, with shares short rising to 18296.0 registered in 2025-01-31. Current price change has pushed the stock -85.31% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BON stock continues to rise going into the next quarter.
