Gaia (NASDAQ:GAIA) Shares Cross Above 200 Day Moving Average of $4.24

Shares of Gaia, Inc. (NASDAQ:GAIA) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.24 and traded as high as $5.35. Gaia shares last traded at $5.18, with a volume of 40,014 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Gaia in a research note on Friday, September 6th. They issued a “hold” rating on the stock.

Gaia Price Performance

The stock has a market capitalization of $121.45 million, a P/E ratio of -21.58 and a beta of 0.63. The business has a fifty day simple moving average of $4.65 and a 200 day simple moving average of $4.24. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.06.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings results on Monday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.04). Gaia had a negative return on equity of 6.37% and a negative net margin of 6.68%. The company had revenue of $22.08 million for the quarter.

Hedge Funds Weigh In On Gaia

A hedge fund recently raised its stake in Gaia stock. Dimensional Fund Advisors LP increased its stake in shares of Gaia, Inc. (NASDAQ:GAIA) by 4.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 338,638 shares of the company’s stock after buying an additional 13,865 shares during the period. Dimensional Fund Advisors LP owned about 1.44% of Gaia worth $1,493,000 as of its most recent SEC filing. 40.53% of the stock is currently owned by institutional investors.

About Gaia

Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.