Gaia (NASDAQ:GAIA) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Gaia, Inc. (NASDAQ:GAIA - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.90 and traded as high as $5.30. Gaia shares last traded at $5.26, with a volume of 38,892 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on GAIA. Roth Mkm restated a "buy" rating and set a $9.00 price target (down previously from $10.00) on shares of Gaia in a research note on Tuesday, March 11th. StockNews.com started coverage on shares of Gaia in a research note on Sunday, April 13th. They issued a "hold" rating on the stock. Finally, Roth Capital upgraded shares of Gaia to a "strong-buy" rating in a research report on Tuesday, February 11th.

Gaia Stock Down 1.4%

The business's fifty day moving average is $4.18 and its two-hundred day moving average is $4.87. The company has a market cap of $108.82 million, a P/E ratio of -16.06 and a beta of 1.02. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43.

Gaia (NASDAQ:GAIA - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. The firm had revenue of $23.84 million during the quarter, compared to analysts' expectations of $24.18 million. Equities analysts predict that Gaia, Inc. will post -0.23 EPS for the current year.

Institutional Investors Weigh In On Gaia

A number of hedge funds and other institutional investors have recently bought and sold shares of GAIA. Peapod Lane Capital LLC purchased a new position in shares of Gaia during the fourth quarter worth $2,804,000. Topline Capital Management LLC acquired a new position in Gaia during the fourth quarter worth $206,000. Dimensional Fund Advisors LP raised its position in Gaia by 7.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock worth $1,827,000 after acquiring an additional 27,289 shares during the period. P.A.W. Capital Corp grew its position in shares of Gaia by 8.6% in the first quarter. P.A.W. Capital Corp now owns 190,000 shares of the company's stock valued at $732,000 after purchasing an additional 15,000 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Gaia in the first quarter valued at about $54,000. Hedge funds and other institutional investors 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.