Kona Grill Inc.
) was a big mover last session, as the company saw its shares rise over 5% 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 stock which is now up 34.39% in the past one-month timeframe.
This restaurant industry stock has seen 2 negative revisions in the past 30 days. Its Zacks Consensus Estimate also moved lower over the same timeframe, 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
However, other restaurant stocks with a favorable Zack s Rank include Buffalo Wild Wings Inc.
(BWLD - Free Report
) , Burger King Worldwide, Inc.
and Bob Evans Farms, Inc.
(BOBE - Free Report
) . While Buffalo Wild Wings carries a Zacks Rank #1 (Strong Buy), Burger King and Bob Evans Farms carry a Zacks Rank #2 (Buy).
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