Bon Natural Life Ltd (BON) Looks Ready for Growth Despite -96.81% Change This Year

Bon Natural Life Ltd (NASDAQ: BON) is -96.81% lower on its value in year-to-date trading and has touched a low of $0.05 and a high of $3.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BON stock was last observed hovering at around $0.06 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.06, the stock is -5.98% and -78.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.52 million and changing -8.87% at the moment leaves the stock -95.56% off its SMA200. BON registered -98.10% loss for a year compared to 6-month loss of -95.81%.

The stock witnessed a -20.08% gain in the last 1 month and extending the period to 3 months gives it a -95.58%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.46% over the week and 16.32% over the month.

Bon Natural Life Ltd (BON) has around 97 employees, a market worth around $0.27M and $23.84M in sales. Current P/E ratio is 0.55. Profit margin for the company is 1.67%. Distance from 52-week low is 15.78% and -98.32% from its 52-week high. The company has generated returns on investments over the last 12 months (0.89%).