Kona Grill Inc. (NASDAQ:KONA) shares rose 4% on Monday . The company traded as high as $12.62 and last traded at $12.50, with a volume of 73,482 shares. The stock had previously closed at $12.02.

KONA has been the topic of a number of recent analyst reports. Roth Capital initiated coverage on Kona Grill in a report on Thursday, July 7th. They set a “buy” rating and a $15.00 target price on the stock. Wedbush decreased their target price on Kona Grill from $21.00 to $18.00 and set an “outperform” rating on the stock in a report on Thursday, July 28th. Zacks Investment Research lowered Kona Grill from a “hold” rating to a “sell” rating in a report on Wednesday, July 6th. Feltl & Co. raised Kona Grill from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 28th. Finally, Oppenheimer Holdings Inc. decreased their target price on Kona Grill from $20.00 to $17.00 and set an “outperform” rating on the stock in a report on Thursday, July 28th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $19.29.

The firm’s 50 day moving average price is $11.47 and its 200-day moving average price is $12.85. The company’s market capitalization is $134.14 million.

Kona Grill (NASDAQ:KONA) last posted its earnings results on Wednesday, July 27th. The company reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by $0.03. The firm earned $43.30 million during the quarter, compared to the consensus estimate of $45.41 million. During the same quarter in the previous year, the company earned $0.01 EPS. The firm’s quarterly revenue was up 19.6% on a year-over-year basis. Analysts anticipate that Kona Grill Inc. will post ($0.54) earnings per share for the current year.

Kona Grill, Inc owns and operates polished casual dining restaurants under the name Kona Grill. The Company’s restaurants offer freshly prepared food, attentive service, and an upscale contemporary ambiance. The Company’s restaurants feature a selection of American dishes, as well as a variety of appetizers and entrees with an international influence, including a selection of sushi.

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