KeyBanc downgraded Kona Grill (NASDAQ:KONA) from Overweight to Sector Weight in a report released today.
- Updated: September 29, 2016
KeyBanc has downgraded Kona Grill (NASDAQ:KONA) from Overweight to Sector Weight in a report released on 09/29/2016.
Previously on Friday July 31, 2015, Oppenheimer released a statement about Kona Grill (NASDAQ:KONA) reduced the target price from $30.00 to $25.00. At the time, this indicated a possible upside of 0%.
Only yesterday Kona Grill (NASDAQ:KONA) traded -0.65% lower at $13.83. KONA’s 50-day average is $13.26 and its 200-day moving average is $12.52. The last closing price is up 10.45% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 55,395 shares of KONA changing hands under the typical 101,934
With a total market value of $0, Kona Grill has with a one year low of $9.90 and a one year high of $18.36 .
General Company Details For Kona Grill (NASDAQ: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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