Kona Grill Inc (NASDAQ:KONA) has received a consensus rating of “Hold” from the seven research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $6.17.
A number of research firms have commented on KONA. ValuEngine upgraded shares of Kona Grill from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st. Lake Street Capital lowered their price objective on shares of Kona Grill from $5.00 to $3.50 and set a “buy” rating on the stock in a research note on Friday, November 10th.
Shares of Kona Grill (NASDAQ KONA) opened at $1.92 on Wednesday. Kona Grill has a 52-week low of $1.50 and a 52-week high of $8.35. The company has a market cap of $19.45, a PE ratio of -0.72 and a beta of 0.18. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.42 and a current ratio of 0.54.
An institutional investor recently bought a new position in Kona Grill stock. Goldman Sachs Group Inc. acquired a new position in Kona Grill Inc (NASDAQ:KONA) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 42,991 shares of the restaurant operator’s stock, valued at approximately $159,000. Goldman Sachs Group Inc. owned about 0.43% of Kona Grill at the end of the most recent reporting period. Institutional investors and hedge funds own 37.14% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Kona Grill Inc (KONA) Receives Average Rating of “Hold” from Brokerages” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The legal version of this article can be read at https://www.dispatchtribunal.com/2018/02/21/kona-grill-inc-kona-receives-average-rating-of-hold-from-brokerages.html.
Kona Grill Company Profile
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.
Receive News & Ratings for Kona Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kona Grill and related companies with MarketBeat.com's FREE daily email newsletter.