Shares of Gaia, Inc. (NASDAQ:GAIA - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.63 and traded as high as $4.95. Gaia shares last traded at $4.87, with a volume of 71,994 shares changing hands.
Wall Street Analyst Weigh In
GAIA has been the subject of several recent analyst reports. Wall Street Zen initiated coverage on Gaia in a report on Sunday, April 13th. They issued a "hold" rating for the company. Roth Mkm reaffirmed a "buy" rating and set a $9.00 target price (down from $10.00) on shares of Gaia in a research report on Tuesday, March 11th.
View Our Latest Analysis on Gaia
Gaia Price Performance
The company has a 50 day moving average of $4.80 and a 200-day moving average of $4.63. The company has a market cap of $112.82 million, a P/E ratio of -21.43 and a beta of 1.04.
Gaia (NASDAQ:GAIA - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The company had revenue of $23.84 million during the quarter, compared to analyst estimates of $24.18 million. Gaia had a negative return on equity of 5.41% and a negative net margin of 5.62%. Research analysts anticipate that Gaia, Inc. will post -0.23 EPS for the current year.
Institutional Trading of Gaia
Hedge funds have recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its position in Gaia by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company's stock valued at $5,006,000 after purchasing an additional 3,124 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in Gaia by 21.1% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,453 shares of the company's stock worth $79,000 after buying an additional 3,557 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Gaia by 4.1% in the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock worth $855,000 after buying an additional 7,460 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Gaia by 42.2% during the first quarter. Goldman Sachs Group Inc. now owns 28,622 shares of the company's stock valued at $110,000 after acquiring an additional 8,500 shares during the last quarter. Finally, Huntleigh Advisors Inc. boosted its stake in shares of Gaia by 16.9% in the 1st quarter. Huntleigh Advisors Inc. now owns 65,758 shares of the company's stock valued at $253,000 after purchasing an additional 9,483 shares in the last quarter. 40.53% of the stock is owned by institutional investors.
Gaia Company Profile
(
Get Free Report)
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.
Further Reading
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