KeyBanc Capital Markets downgraded Kona Grill (NYSE:KONA) from Overweight to Sector Weight in a report released today.
- Updated: October 1, 2016
Yesterday Kona Grill (NYSE:KONA) traded 0.48% higher at $13.83. The company’s 50-day moving average is $13.29 and its 200-day moving average is $12.52. The last stock close price is up 0.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 91,587 shares of the stock were exchanged, down from an average trading volume of 102,367
KeyBanc Capital Markets has downgraded Kona Grill (NYSE:KONA) from Overweight to Sector Weight in a report released on 9/29/2016.
Previously on Tuesday September 29, 2015, Telsey reported about Kona Grill (NYSE:KONA) raised the target price from $0.00 to $20.00. At the time, this indicated a possible upside of 0.19%.
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Kona Grill has a 52 week low of $9.90 and a 52 week high of $18.36 KONA’s total market value is presently $0.
Brief Synopsis About Kona Grill (NYSE:KONA)
Kona Grill, Inc. owns and operates upscale casual dining restaurants under the name Kona Grill. The Company owns and operates approximately 40 restaurants in 20 states throughout the United States and Puerto Rico. Its high-volume upscale casual restaurants feature a global menu of contemporary American favorites and sushi. Its menu items are prepared from scratch at each restaurant location and incorporate over 40 signature sauces and dressings. It also offers a full service bar offering a range assortment of wines, specialty cocktails and beers. Its restaurants seat an average of approximately 290 customers and comprise multiple dining areas. Its dining area, full-service bar, indoor/outdoor patio and sushi bar provide a choice of atmospheres and a range of environments. It locates its restaurants in various areas, such as retail centers, shopping malls, urban entertainment districts and lifestyle centers that are situated near commercial office space and residential housing.
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