Bon Natural Life (NASDAQ:BON) Stock Jumps 0.2% – Here’s What Happened

Bon Natural Life Limited (NASDAQ:BON) traded up 0.2% during trading on Tuesday. The company traded as high as $1.23 and last traded at $1.21. Approximately 12,616 shares traded hands during trading, an increase of 81% from the average session volume of 6,978 shares. The stock had previously closed at $1.2080.

Analysts Set New Price Targets

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

Bon Natural Life Stock Performance

The company’s 50 day moving average price is $1.14 and its 200 day moving average price is $1.24.

Bon Natural Life (NASDAQ:BON) last posted its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.76) earnings per share (EPS) for the quarter. The business had revenue of $4.05 million during the quarter.

Bon Natural Life Company Profile

Bon Natural Life Limited is a China-based company that develops, manufactures and sells natural functional ingredients and related products. The company focuses on plant-based and other naturally derived materials used in food, beverage, dietary supplement and personal-care applications.

Its product portfolio includes botanical extracts, fruit and vegetable powders, mushroom-based ingredients, natural sweeteners and other functional food ingredients. Bon Natural Life also provides flavor and fragrance-related products designed for use by manufacturers seeking natural or specialty ingredient solutions.

The company’s operations are primarily based in China, where it serves customers in the food, nutrition, health and consumer-products industries.