Gaia (NASDAQ:GAIA) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Gaia (NASDAQ:GAIA) in a report published on Friday morning. The firm issued a hold rating on the stock.

Gaia Price Performance

Gaia stock opened at $5.00 on Friday. The company has a 50-day moving average price of $4.55 and a 200 day moving average price of $4.09. The stock has a market cap of $117.25 million, a P/E 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 has a 12-month low of $2.29 and a 12-month high of $5.19.

Gaia (NASDAQ:GAIA) last announced its earnings results on Monday, August 5th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). The firm had revenue of $22.08 million during the quarter. Gaia had a negative net margin of 6.68% and a negative return on equity of 6.37%.

Institutional Trading of Gaia

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

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.