Gaia, Inc. (NASDAQ:GAIA – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.34 and traded as high as $4.83. Gaia shares last traded at $4.71, with a volume of 44,460 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on Gaia in a research note on Friday, September 6th. They set a “hold” rating for the company.
Read Our Latest Stock Report on GAIA
Gaia Stock Performance
Gaia (NASDAQ:GAIA – Get Free Report) last announced its earnings results on Monday, August 5th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). The business had revenue of $22.08 million for the quarter. Gaia had a negative net margin of 6.68% and a negative return on equity of 6.37%.
Hedge Funds Weigh In On Gaia
An institutional investor recently raised its position in Gaia stock. Dimensional Fund Advisors LP lifted its holdings in shares of Gaia, Inc. (NASDAQ:GAIA – Free Report) by 4.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 338,638 shares of the company’s stock after acquiring an additional 13,865 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.44% of Gaia worth $1,493,000 as of its most recent filing with the Securities & Exchange Commission. 40.53% of the stock is currently owned by institutional investors and hedge funds.
Gaia Company Profile
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.
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