Kona Grill Inc. ( KONA ) was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $19.12 to $21.92 in the past one-month time frame.
None of the estimates for this retail-restaurants stock were revised over the past 30 days. The Zacks Consensus Estimate hasn't been in trend either. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Kona Grill carries a Zacks Rank #2 (Buy), while its Earnings ESP
Investors interested in the industry may also consider stocks like Ignite Restaurant Group, Inc.
), The Wendy's Company
) and Chipotle Mexican Grill, Inc.
). While Ignite Restaurant and The Wendy's Company sport a Zacks Rank #1 (Strong Buy), Chipotle Mexican Grill carries a Zacks Rank #2.
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. Click to get this free report >>CHIPOTLE MEXICN (CMG): Free Stock Analysis ReportIGNITE RESTRNT (IRG): Free Stock Analysis ReportKONA GRILL INC (KONA): Free Stock Analysis ReportWENDYS CO/THE (WEN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research