Gaia, Inc. (NASDAQ:GAIA - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.64 and traded as high as $6.19. Gaia shares last traded at $6.19, with a volume of 38,450 shares changing hands.
Gaia Trading Up 2.8%
The company has a market capitalization of $155.43 million, a price-to-earnings ratio of -32.58 and a beta of 0.88. The firm's 50 day simple moving average is $5.12 and its 200-day simple moving average is $4.64.
Gaia (NASDAQ:GAIA - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.01. Gaia had a negative net margin of 5.06% and a negative return on equity of 5.00%. The company had revenue of $24.63 million for the quarter, compared to analysts' expectations of $24.33 million. As a group, sell-side analysts forecast that Gaia, Inc. will post -0.23 EPS for the current fiscal year.
Hedge Funds Weigh In On Gaia
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. AWM Investment Company Inc. increased its position in Gaia by 17.2% during the 1st quarter. AWM Investment Company Inc. now owns 1,962,706 shares of the company's stock worth $7,556,000 after purchasing an additional 288,000 shares during the period. S Squared Technology LLC grew its holdings in Gaia by 15.1% during the first quarter. S Squared Technology LLC now owns 723,305 shares of the company's stock worth $2,785,000 after acquiring an additional 95,000 shares during the period. Geode Capital Management LLC grew its holdings in Gaia by 113.3% during the second quarter. Geode Capital Management LLC now owns 405,602 shares of the company's stock worth $1,781,000 after acquiring an additional 215,415 shares during the period. P.A.W. Capital Corp grew its stake in shares of Gaia by 8.6% during the 1st quarter. P.A.W. Capital Corp now owns 190,000 shares of the company's stock worth $732,000 after purchasing an additional 15,000 shares during the period. Finally, Huntleigh Advisors Inc. grew its stake in shares of Gaia by 5.6% during the 2nd quarter. Huntleigh Advisors Inc. now owns 69,456 shares of the company's stock worth $305,000 after purchasing an additional 3,698 shares during the period. Institutional investors and hedge funds own 40.53% of the company's stock.
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.
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