Kona Grill (KONA) Jumps: Stock Adds 5.2% in Session - Tale of the Tape


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Kona Grill Inc. ( KONA ) was a big mover last session, as its shares rose over 5% 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 for the company, as the stock is now trading above the volatile price range of $16.61 to $19.36 in the past one-month timeframe.

In the last 30 days, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower, 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 currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Other better-ranked restaurant stocks include Carrols Restaurant Group, Inc. ( TAST ), Ruth's Hospitality Group Inc. ( RUTH ) and Jack in the Box Inc. ( JACK ). All three carry a Zacks Rank #2 (Buy).

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KONA GRILL INC (KONA): Free Stock Analysis Report

RUTHS HOSPITLTY (RUTH): Free Stock Analysis Report

CARROLS RESTRNT (TAST): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: JACK , KONA , RUTH , TAST

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