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

Zacks Equity Research

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).

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KONA GRILL INC (KONA): Free Stock Analysis Report

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