Gaia (NASDAQ:GAIA) Announces Earnings Results

Gaia (NASDAQ:GAIA) released its quarterly earnings data on Monday. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01, Zacks reports. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%.

Gaia Price Performance

NASDAQ:GAIA traded down $0.08 during trading hours on Monday, reaching $4.02. 29,681 shares of the company were exchanged, compared to its average volume of 32,222. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. The firm has a market cap of $94.34 million, a PE ratio of -14.89 and a beta of 0.78. Gaia has a twelve month low of $2.85 and a twelve month high of $6.53. The stock’s 50-day moving average is $4.89 and its 200-day moving average is $5.16.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. StockNews.com started coverage on shares of Gaia in a report on Tuesday, March 4th. They set a “buy” rating on the stock. Roth Mkm assumed coverage on Gaia in a research report on Tuesday, February 11th. They set a “buy” rating and a $10.00 target price on the stock. Finally, Roth Capital upgraded Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th.

About Gaia

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.