Gaia (NASDAQ:GAIA) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Gaia, Inc. (NASDAQ:GAIA)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.54 and traded as high as $5.91. Gaia shares last traded at $5.82, with a volume of 59,963 shares trading hands.

Analysts Set New Price Targets

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

Gaia Trading Down 1.4 %

The stock’s 50 day simple moving average is $4.94 and its two-hundred day simple moving average is $4.57. The stock has a market capitalization of $134.58 million, a PE ratio of -23.92 and a beta of 0.63. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.45 and a quick ratio of 0.45.

Gaia (NASDAQ:GAIA) last posted its 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). The firm had revenue of $22.08 million during the quarter. Gaia had a negative return on equity of 6.37% and a negative net margin of 6.68%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Gaia stock. Acuitas Investments LLC raised its stake in shares of Gaia, Inc. (NASDAQ:GAIA) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 498,944 shares of the company’s stock after purchasing an additional 2,624 shares during the quarter. Acuitas Investments LLC owned 2.13% of Gaia worth $2,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 40.53% of the company’s stock.

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.