Bon Natural Life (NYSE:BON) Shares Up 10.6%

Shares of Bon Natural Life Limited (NYSE:BON – Get Rating) shot up 10.6% during mid-day trading on Friday . The company traded as high as $1.64 and last traded at $1.56. 43,352 shares were traded during trading, a decline of 44% from the average session volume of 77,410 shares. The stock had previously closed at $1.41.

Bon Natural Life Stock Up 10.6 %

The business has a 50 day moving average price of $1.53 and a 200-day moving average price of $1.55. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.96 and a current ratio of 2.21.

Hedge Funds Weigh In On Bon Natural Life

A hedge fund recently bought a new stake in Bon Natural Life stock. Millennium Management LLC acquired a new stake in Bon Natural Life Limited (NYSE:BON – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 23,149 shares of the company’s stock, valued at approximately $25,000. Millennium Management LLC owned approximately 0.28% of Bon Natural Life at the end of the most recent reporting period. Institutional investors own 0.10% of the company’s stock.

About Bon Natural Life

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