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

By
A A A

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).

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


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

KONA GRILL INC (KONA): Free Stock Analysis Report

RUTHS HOSPITLTY (RUTH): Free Stock Analysis Report

CARROLS RESTRNT (TAST): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



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



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: JACK , KONA , RUTH , TAST

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Cheap Ways to Sleep Better
Cheap Ways to Sleep Better          

Stocks

Referenced

Most Active by Volume

105,679,298
  • $16.13 ▼ 0.19%
43,130,824
  • $101.32 ▲ 0.74%
24,108,376
  • $59.80 ▲ 7.34%
22,524,427
  • $26.15 ▼ 1.06%
22,194,114
  • $24.65 ▼ 0.96%
21,835,360
  • $99.05 ▲ 0.15%
20,872,575
  • $34.94 ▼ 0.60%
20,561,803
    $74.57 unch
As of 8/22/2014, 04:02 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com