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

Stock analysts at StockNews.com started coverage on shares of Gaia (NASDAQ:GAIAGet Free Report) in a research note issued on Friday. The brokerage set a “buy” rating on the stock.

Separately, Lake Street Capital raised their price target on shares of Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th.

Read Our Latest Research Report on Gaia

Gaia Stock Performance

Shares of Gaia stock opened at $5.84 on Friday. The firm has a market capitalization of $137.06 million, a P/E ratio of -21.63 and a beta of 0.69. Gaia has a fifty-two week low of $2.78 and a fifty-two week high of $6.53. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.43 and a quick ratio of 0.43. The company’s 50 day moving average price is $5.20 and its two-hundred day moving average price is $5.08.

Gaia (NASDAQ:GAIAGet Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. The company had revenue of $22.16 million for the quarter. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. On average, equities analysts forecast that Gaia will post -0.24 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Gaia

Several hedge funds have recently bought and sold shares of GAIA. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Gaia in the 3rd quarter valued at $49,000. Dimensional Fund Advisors LP increased its stake in shares of Gaia by 4.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company’s stock valued at $1,493,000 after purchasing an additional 13,865 shares in the last quarter. Geode Capital Management LLC raised its stake 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 worth $872,000 after buying an additional 21,870 shares during the period. Finally, Peapod Lane Capital LLC acquired a new position in Gaia during the fourth quarter worth $2,804,000. 40.53% of the stock is currently owned by institutional investors.

Gaia Company Profile

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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.

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