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

A number of research firms have commented on KONA. Roth Capital began coverage on shares of Kona Grill in a report on Thursday, July 7th. They issued a “buy” rating and a $15.00 price objective for the company. Zacks Investment Research raised shares of Kona Grill from a “sell” rating to a “hold” rating in a report on Wednesday, May 4th. Wedbush decreased their price objective on shares of Kona Grill from $21.00 to $18.00 and set an “outperform” rating for the company in a report on Thursday, July 28th. Feltl & Co. raised shares of Kona Grill from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 28th. Finally, Oppenheimer Holdings Inc. decreased their price objective on shares of Kona Grill from $20.00 to $17.00 and set an “outperform” rating for the company in a report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Kona Grill has a consensus rating of “Buy” and a consensus price target of $19.29.

The stock’s 50 day moving average price is $11.45 and its 200-day moving average price is $12.74. The company’s market cap is $128.34 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 Thomson Reuters’ consensus estimate of ($0.05) by $0.03. The company earned $43.30 million during the quarter, compared to analysts’ expectations of $45.41 million. During the same period in the prior year, the business posted $0.01 EPS. The business’s revenue was up 19.6% on a year-over-year basis. On average, equities analysts anticipate that Kona Grill Inc. will post ($0.54) EPS for the current fiscal 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.