Bon Natural Life (NYSE:BON) Stock Price Up 8.3% – Here’s Why

Shares of Bon Natural Life Limited (NYSE:BON) rose 8.3% during mid-day trading on Monday . The stock traded as high as $1.78 and last traded at $1.70. Approximately 40,446 shares changed hands during mid-day trading, an increase of 25% from the average daily volume of 32,247 shares. The stock had previously closed at $1.57.

Bon Natural Life Stock Up 8.3 %

The company has a 50 day simple moving average of $1.57 and a 200 day simple moving average of $1.98. The company has a current ratio of 2.44, a quick ratio of 2.32 and a debt-to-equity ratio of 0.03.

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. It offers personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers; and natural health supplements comprising powder drinks and bioactive food ingredient products used as food additives and nutritional supplements.