Gaia (NASDAQ:GAIA) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Gaia (NASDAQ:GAIA) in a research note issued to investors on Sunday. The brokerage issued a buy rating on the stock.

Several other brokerages also recently issued reports on GAIA. Roth Capital upgraded shares of Gaia to a “strong-buy” rating in a research report on Tuesday, February 11th. Roth Mkm initiated coverage on shares of Gaia in a research note on Tuesday, February 11th. They set a “buy” rating and a $10.00 price target on the stock. Finally, Lake Street Capital boosted their price objective on shares of Gaia from $6.00 to $7.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th.

Gaia Trading Down 0.8 %

Shares of GAIA opened at $5.02 on Friday. The stock has a fifty day moving average price of $4.99 and a two-hundred day moving average price of $5.11. 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 company has a market cap of $117.80 million, a price-to-earnings ratio of -18.59 and a beta of 0.71. Gaia has a 52-week low of $2.78 and a 52-week high of $6.53.

Institutional Trading of Gaia

Several institutional investors and hedge funds have recently added to or reduced their stakes in GAIA. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Gaia during the 3rd quarter worth approximately $49,000. Topline Capital Management LLC bought a new position in Gaia in the fourth quarter valued at approximately $206,000. Renaissance Technologies LLC grew its holdings in Gaia by 4.1% during the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock worth $855,000 after acquiring an additional 7,460 shares during the period. Geode Capital Management LLC raised its position in shares of Gaia by 13.9% during the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock valued at $872,000 after acquiring an additional 21,870 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Gaia by 7.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock valued at $1,827,000 after purchasing an additional 27,289 shares during the period. 40.53% of the stock is 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.