In trading on Friday, shares of Kona Grill Inc (NASDAQ:KONA) crossed below their 200 day moving average of $5.14, changing hands as low as $5.05 per share. Kona Grill Inc shares are currently trading off about 4.7% on the day. The chart below shows the one year performance of KONA shares, versus its 200 day moving average:
Looking at the chart above, KONA's low point in its 52 week range is $3.00 per share, with $7.90 as the 52 week high point — that compares with a last trade of $5.13.
KONA operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Expedia Inc (NASDAQ:EXPE) which is off about 2.9% today, and Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) trading lower by about 3.7%. Below is a three month price history chart comparing the stock performance of KONA, versus EXPE and HOT.
Source: http://www.marketnewsvideo.com/article/201109/kona-makes-bearish-cross-below-critical-moving-average-kona-expe-hot-KONA89111.htm/
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