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

StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA) in a note issued to investors on Saturday. The firm set a “buy” rating on the stock.

Gaia Price Performance

Shares of Gaia stock opened at $3.93 on Friday. The firm has a market cap of $91.28 million, a P/E ratio of -16.38 and a beta of 0.79. The firm’s 50-day simple moving average is $3.15 and its 200-day simple moving average is $2.89. Gaia has a twelve month low of $2.11 and a twelve month high of $4.00. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.51.

Institutional Investors Weigh In On Gaia

Several large investors have recently modified their holdings of the stock. Nantahala Capital Management LLC boosted its stake in Gaia by 3,853.6% in the 4th quarter. Nantahala Capital Management LLC now owns 915,029 shares of the company’s stock valued at $2,471,000 after buying an additional 891,885 shares in the last quarter. AWM Investment Company Inc. boosted its stake in shares of Gaia by 48.4% in the 3rd quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock valued at $2,986,000 after purchasing an additional 358,145 shares in the last quarter. Boothbay Fund Management LLC bought a new stake in shares of Gaia in the 4th quarter worth about $305,000. Vanguard Group Inc. increased its position in shares of Gaia by 13.9% during the 3rd quarter. Vanguard Group Inc. now owns 661,092 shares of the company’s stock worth $1,607,000 after purchasing an additional 80,598 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of Gaia by 2,160.5% during the 4th quarter. Morgan Stanley now owns 46,634 shares of the company’s stock worth $111,000 after purchasing an additional 44,571 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.