Bon Natural Life Ltd (NASDAQ: BON)’s stock price has soared by 9.52 in relation to previous closing price of 3.78. Nevertheless, the company has seen a gain of 16.29% in its stock price over the last five trading days. InvestorPlace reported 2023-08-02 that Quite frankly, the best $1 stocks to buy now are only for people with “stupid” money. By that, I mean you’re swimming so deeply in green-tinted paper that you need to lose some of that cash, just to feel alive again.
Is It Worth Investing in Bon Natural Life Ltd (NASDAQ: BON) Right Now?
Bon Natural Life Ltd (NASDAQ: BON) has a higher price-to-earnings ratio of 9.26x compared to its average ratio, The 36-month beta value for BON is at -1.02. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BON is 1.13M, and currently, shorts hold a 0.37% of that float. The average trading volume for BON on April 24, 2024 was 16.28K shares.
BON’s Market Performance
The stock of Bon Natural Life Ltd (BON) has seen a 16.29% increase in the past week, with a -3.72% drop in the past month, and a -24.73% fall in the past quarter. The volatility ratio for the week is 21.73%, and the volatility levels for the past 30 days are at 11.98% for BON. The simple moving average for the past 20 days is 2.91% for BON’s stock, with a -17.80% simple moving average for the past 200 days.
BON Trading at -6.67% from the 50-Day Moving Average
After a stumble in the market that brought BON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.74% of loss for the given period.
Volatility was left at 11.98%, however, over the last 30 days, the volatility rate increased by 21.73%, as shares surge +0.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.92% lower at present.
During the last 5 trading sessions, BON rose by +16.29%, which changed the moving average for the period of 200-days by -23.35% in comparison to the 20-day moving average, which settled at $4.02. In addition, Bon Natural Life Ltd saw -23.33% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BON
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.3 for the gross margin
The net margin for Bon Natural Life Ltd stands at 0.16. The total capital return value is set at 0.24. Equity return is now at value 14.13, with 10.97 for asset returns.
Based on Bon Natural Life Ltd (BON), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 37.27.
Currently, EBITDA for the company is 6.94 million with net debt to EBITDA at 0.39. When we switch over and look at the enterprise to sales, we see a ratio of 1.19. The receivables turnover for the company is 9.6for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.52.
Conclusion
In conclusion, Bon Natural Life Ltd (BON) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
