Bon Natural Life (NASDAQ:BON) Shares Down 4.5% – What’s Next?

Bon Natural Life Limited (NASDAQ:BON) shares traded down 4.5% during mid-day trading on Wednesday . The stock traded as low as $1.05 and last traded at $1.05. 3,580 shares changed hands during trading, a decline of 57% from the average session volume of 8,269 shares. The stock had previously closed at $1.10.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Bon Natural Life in a research report on Friday, June 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Bon Natural Life Stock Down 1.8%

The company’s fifty day simple moving average is $1.20 and its 200-day simple moving average is $1.35.

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.