Gaia (NASDAQ:GAIA) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Gaia (NASDAQ:GAIA) in a research report report published on Wednesday. The brokerage issued a buy rating on the stock.

Several other research analysts have also commented on GAIA. Roth Mkm reaffirmed a “buy” rating and set a $9.00 price objective (down from $10.00) on shares of Gaia in a research note on Tuesday. Roth Capital raised shares of Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th.

Gaia Trading Up 3.7 %

GAIA stock opened at $4.17 on Wednesday. The firm has a fifty day moving average price of $4.86 and a 200 day moving average price of $5.15. Gaia has a fifty-two week low of $2.85 and a fifty-two week high of $6.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market cap of $97.86 million, a PE ratio of -15.44 and a beta of 0.78.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings data on Monday, March 10th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. The company had revenue of $24.43 million during the quarter, compared to analyst estimates of $24.40 million. Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. Sell-side analysts anticipate that Gaia will post -0.23 earnings per share for the current fiscal year.

Institutional Trading of Gaia

Several institutional investors and hedge funds have recently made changes to their positions in GAIA. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Gaia during the third quarter worth $49,000. Geode Capital Management LLC lifted its position in shares of Gaia by 13.9% during the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after purchasing an additional 21,870 shares during the last quarter. Peapod Lane Capital LLC bought a new stake in shares of Gaia during the fourth quarter worth $2,804,000. Renaissance Technologies LLC lifted its position in shares of 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 purchasing an additional 7,460 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised 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 valued at $1,827,000 after acquiring an additional 27,289 shares in the last quarter. 40.53% of the stock is currently owned by institutional investors.

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.