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

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

Gaia Stock Down 2.0 %

Shares of NASDAQ GAIA opened at $3.85 on Friday. The stock has a market cap of $89.44 million, a PE ratio of -16.04 and a beta of 0.79. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.07. Gaia has a 52-week low of $2.11 and a 52-week high of $4.05. The business has a 50-day moving average price of $3.16 and a 200 day moving average price of $2.90.

Gaia (NASDAQ:GAIA) last announced its earnings results on Wednesday, March 27th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $20.71 million during the quarter. Gaia had a negative net margin of 6.57% and a negative return on equity of 6.06%.

Institutional Trading of Gaia

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sapient Capital LLC purchased a new stake in Gaia during the 4th quarter valued at approximately $88,000. Marquette Asset Management LLC raised its stake in Gaia by 7.0% during the 4th quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock valued at $242,000 after acquiring an additional 5,883 shares during the last quarter. Acuitas Investments LLC raised its stake in Gaia by 10.0% during the 4th quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock valued at $1,185,000 after acquiring an additional 39,938 shares during the last quarter. Finally, AWM Investment Company Inc. raised its stake in shares of Gaia by 48.4% during the 3rd quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock worth $2,986,000 after buying an additional 358,145 shares in the last quarter. 40.53% of the stock is owned by hedge funds and other 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.