Shares of Kona Grill Inc. (NASDAQ:KONA) traded up 2.9% on Friday . The stock traded as high as $11.55 and last traded at $11.53, with a volume of 54,155 shares changing hands. The stock had previously closed at $11.20.

Several analysts recently weighed in on the company. Zacks Investment Research downgraded Kona Grill from a “hold” rating to a “sell” rating in a research note on Thursday, April 7th. Roth Capital began coverage on Kona Grill in a research note on Thursday, July 7th. They set a “buy” rating and a $15.00 target price for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company’s stock. Kona Grill has an average rating of “Buy” and a consensus price target of $21.13.

The company’s market capitalization is $129.26 million. The stock has a 50-day moving average price of $11.69 and a 200 day moving average price of $13.07.

Kona Grill (NASDAQ:KONA) last released its earnings results on Wednesday, May 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.13). The company earned $39.30 million during the quarter, compared to analyst estimates of $41.05 million. During the same period in the prior year, the firm posted ($0.08) EPS. Kona Grill’s revenue was up 19.8% compared to the same quarter last year. Equities analysts predict that Kona Grill Inc. will post ($0.50) 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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