Gaia (NASDAQ:GAIA) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Gaia, Inc. (NASDAQ:GAIA) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.71 and traded as high as $5.27. Gaia shares last traded at $4.98, with a volume of 47,328 shares traded.

Analyst Ratings Changes

A number of brokerages recently weighed in on GAIA. Wall Street Zen began coverage on shares of Gaia in a report on Sunday, April 13th. They set a “hold” rating on the stock. Roth Mkm reiterated a “buy” rating and issued a $9.00 price objective (down from $10.00) on shares of Gaia in a report on Tuesday, March 11th. Finally, Roth Capital upgraded shares of Gaia to a “strong-buy” rating in a report on Tuesday, February 11th.

Gaia Stock Performance

The stock has a market capitalization of $124.86 million, a price-to-earnings ratio of -18.44 and a beta of 1.04. The company’s fifty day simple moving average is $4.46 and its 200 day simple moving average is $4.71. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.06.

Gaia (NASDAQ:GAIA) last released its quarterly earnings results on Monday, May 12th. The company reported ($0.04) EPS for the quarter, meeting 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 business had revenue of $23.84 million for the quarter, compared to the consensus estimate of $24.18 million. On average, equities research analysts expect that Gaia, Inc. will post -0.23 earnings per share for the current year.

Hedge Funds Weigh In On Gaia

Institutional investors and hedge funds have recently modified their holdings of the business. Peapod Lane Capital LLC acquired a new stake in Gaia during the fourth quarter worth about $2,804,000. Renaissance Technologies LLC grew its stake in Gaia by 4.1% during 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. Dimensional Fund Advisors LP lifted its holdings in shares of Gaia by 7.2% in 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 last quarter. Topline Capital Management LLC bought a new position in shares of Gaia in the fourth quarter worth about $206,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Gaia by 0.3% in the fourth quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company’s stock worth $5,006,000 after acquiring an additional 3,124 shares during the last quarter. 40.53% of the stock is currently 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.