Strength Seen in Kona Grill (KONA): Stock Moves 6% Higher - Tale of the Tape

Kona Grill Inc. (KONA) was a big mover last session, as the company saw its shares rise just over 6% 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 $20.49 to $23.45 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Kona Grill currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked restaurant stock is BJ's Restaurants, Inc. (BJRI) sporting 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 Days. Click to get this free report >>
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
 
KONA GRILL INC (KONA): Free Stock Analysis Report
 
BJ'S RESTAURANT (BJRI): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research