Gaia (NASDAQ:GAIA) Announces Earnings Results

Gaia (NASDAQ:GAIA) announced its quarterly earnings data on Monday. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates 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%. The company had revenue of $24.43 million for the quarter, compared to analyst estimates of $24.40 million.

Gaia Stock Down 2.0 %

Shares of NASDAQ GAIA opened at $4.02 on Tuesday. Gaia has a 52-week low of $2.85 and a 52-week high of $6.53. The firm has a fifty day moving average of $4.88 and a 200-day moving average of $5.16. The stock has a market capitalization of $94.34 million, a PE ratio of -14.89 and a beta of 0.78. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.06.

Analyst Upgrades and Downgrades

GAIA has been the subject of several research reports. Roth Mkm initiated coverage on Gaia in a research report on Tuesday, February 11th. They set a “buy” rating and a $10.00 price objective for the company. Roth Capital raised shares of Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, StockNews.com assumed coverage on shares of Gaia in a research note on Tuesday, March 4th. They issued a “buy” rating for the company.

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.