Gaia (NASDAQ:GAIA) Shares Cross Above 200-Day Moving Average of $4.13

Gaia, Inc. (NASDAQ:GAIA)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.13 and traded as high as $5.22. Gaia shares last traded at $5.00, with a volume of 36,208 shares.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Gaia in a research note on Friday, September 6th. They set a “hold” rating on the stock.

Gaia Price Performance

The company has a 50 day simple moving average of $4.59 and a 200-day simple moving average of $4.13. The stock has a market cap of $117.25 million, a price-to-earnings ratio of -20.83 and a beta of 0.63. 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 released 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 net margin of 6.68% and a negative return on equity of 6.37%. The firm had revenue of $22.08 million during the quarter.

Institutional Trading of Gaia

A hedge fund recently raised its stake in Gaia stock. Dimensional Fund Advisors LP raised its position in Gaia, Inc. (NASDAQ:GAIA) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 338,638 shares of the company’s stock after purchasing an additional 13,865 shares during the quarter. Dimensional Fund Advisors LP owned 1.44% of Gaia worth $1,493,000 at the end of the most recent reporting period. Institutional investors own 40.53% of the company’s stock.

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.