Gaia (NASDAQ:GAIA) Posts Earnings Results, Beats Expectations By $0.01 EPS

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

Gaia Trading Down 2.0 %

Shares of Gaia stock traded down $0.08 during trading on Monday, reaching $4.02. 29,681 shares of the stock were exchanged, compared to its average volume of 32,222. Gaia has a 1 year low of $2.85 and a 1 year high of $6.53. The firm has a market cap of $94.34 million, a price-to-earnings 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. The stock’s fifty day moving average is $4.89 and its 200 day moving average is $5.16.

Analyst Ratings Changes

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

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.