The price-to-earnings ratio for Bon Natural Life Ltd (NASDAQ: BON) is above average at 6.98x. The 36-month beta value for BON is also noteworthy at -1.24. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BON is 1.13M, and at present, short sellers hold a 1.41% of that float. The average trading volume of BON on May 23, 2024 was 42.48K shares.
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BON) stock’s latest price update
The stock of Bon Natural Life Ltd (NASDAQ: BON) has increased by 11.43 when compared to last closing price of 2.80.Despite this, the company has seen a gain of 22.83% in its stock price over the last five trading days. globenewswire.com reported 2024-05-14 that XI’AN, China, May 14, 2024 (GLOBE NEWSWIRE) — Bon Natural Life Limited (Nasdaq: BON) (“BON” or the “Company”), one of the leading bio-ingredient solutions providers in the natural, health and personal care industries, today announced that its operating subsidiary, Xi’an App-Chem Bio (Tech) Co., Ltd., reached a strategic cooperation agreement with Guangdong JUWO Trading Co., Ltd.
BON’s Market Performance
Bon Natural Life Ltd (BON) has experienced a 22.83% rise in stock performance for the past week, with a -24.64% drop in the past month, and a -36.98% drop in the past quarter. The volatility ratio for the week is 12.07%, and the volatility levels for the past 30 days are at 21.38% for BON. The simple moving average for the past 20 days is -2.73% for BON’s stock, with a -34.03% simple moving average for the past 200 days.
BON Trading at -17.43% 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 -61.00% of loss for the given period.
Volatility was left at 21.38%, however, over the last 30 days, the volatility rate increased by 12.07%, as shares sank -25.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.98% lower at present.
During the last 5 trading sessions, BON rose by +22.83%, which changed the moving average for the period of 200-days by -55.17% in comparison to the 20-day moving average, which settled at $3.15. In addition, Bon Natural Life Ltd saw -42.22% 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 0.19. 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 summary, Bon Natural Life Ltd (BON) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
