Kona Grill (KONA) in Focus: Stock Up 6.1% in Session

Zacks

Kona Grill Inc. (KONA) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 26.01% in the past one-month time frame.

This restaurateur witnessed two negative estimate revisions in the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

Kona Grill carries a Zacks Rank #4 (Sell), while its Earnings ESP  is 0.00%.

However, some  better-ranked stocks in the same sector include Jack in the Box Inc. (JACK), Fiesta Restaurant Group, Inc. (FRGI) and Famous Dave's of America Inc. (DAVE). All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 DaysClick to get this free report >>





KONA GRILL INC (KONA): Free Stock Analysis Report

FAMOUS DAVE'S OF AMER INC (DAVE): Free Stock Analysis Report

FIESTA RESTAURANT GROUP INC (FRGI): Free Stock Analysis Report

JACK IN BOX INC (JACK): Free Stock Analysis Report


Zacks Investment Research

Rates

View Comments (0)