In Friday’s Wall Street session, Gaia Inc. (NASDAQ:GAIA) shares traded at $2.80, up 1.82% from the previous session.
GAIA stock price is now 4.74% away from the 50-day moving average and -36.37% away from the 200-day moving average. The market capitalization of the company currently stands at $57.20M.
With the price target of $22, Dougherty & Company recently initiated with Buy rating for Gaia Inc. (NASDAQ: GAIA). On March 26, 2018, B. Riley FBR Inc. recently initiated its ‘Buy’ rating on the stock quoting a target price of $23, while ‘Lake Street’ rates the stock as ‘Buy’.
A total of 16.49% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in GAIA stock. A new stake in Gaia Inc. shares was purchased by MARINER, LLC during the first quarter worth $406,000. In total, there are 61 active investors with 42.60% ownership of the company’s stock.
Friday morning saw Gaia Inc. (NASDAQ: GAIA) opened at $2.8000. During the past 12 months, Gaia Inc. has had a low of $2.16 and a high of $10.33. As of last week, the company has a debt-to-equity ratio of 0.15, a current ratio of 0.50, and a quick ratio of 0.50. The fifty day moving average price for GAIA is $2.6638 and a two-hundred day moving average price translates $4.3785 for the stock.
The latest earnings results from Gaia Inc. (NASDAQ: GAIA) was released for Jun, 2022. The net profit margin was -0.10% and return on equity was -0.10% for GAIA. The company reported revenue of $19.91 million for the quarter, compared to $20.41 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.44 percent. For the current quarter, analysts expect GAIA to generate $20.1M in revenue.
Gaia Inc.(GAIA) Company Profile
Gaia, Inc. operates a digital video subscription service and on-line community for underserved member base in the United States, Canada, Australia, and internationally. It has a digital content library of approximately 10,000 titles in Spanish, German, and French languages available to its subscribers on internet-connected devices. The company’s network includes Yoga channel, which provides access to yoga, eastern arts, and other movement based classes; Transformation channel that offers spiritual growth, personal development, and consciousness content; Alternative Healing channel, which features content focused on food and nutrition, holistic healing, alternative and integrative medicines, and longevity; and Seeking Truth channel that offers category-leading talent that enables to draw speakers, authors, and experts in the alternative media world. It also operates gaia.com and gaiamtv.com websites. Gaia, Inc. complements its produced and owned content through long term licensing agreements. The company was formerly known as Gaiam, Inc. and changed its name to Gaia, Inc. in July 2016. Gaia, Inc. was incorporated in 1988 and is headquartered in Louisville, Colorado.