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

Analysts at StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA) in a research report issued on Sunday. The brokerage set a “buy” rating on the stock.

Gaia Stock Performance

Gaia stock opened at $4.02 on Friday. The stock has a 50-day simple moving average of $3.26 and a 200 day simple moving average of $2.94. Gaia has a 12-month low of $2.11 and a 12-month high of $4.09. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $93.38 million, a price-to-earnings ratio of -16.75 and a beta of 0.79.

Gaia (NASDAQ:GAIA) last announced its quarterly earnings data on Wednesday, March 27th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business 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%.

Hedge Funds Weigh In On Gaia

Several institutional investors have recently modified their holdings of GAIA. Sapient Capital LLC acquired a new stake in shares of Gaia in the 4th quarter valued at approximately $88,000. Marquette Asset Management LLC lifted its holdings in Gaia by 7.0% during the fourth quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock worth $242,000 after acquiring an additional 5,883 shares in the last quarter. Acuitas Investments LLC lifted its holdings in Gaia by 10.0% during the fourth quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock worth $1,185,000 after acquiring an additional 39,938 shares in the last quarter. Finally, AWM Investment Company Inc. grew its stake in Gaia by 48.4% in the third quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock valued at $2,986,000 after acquiring an additional 358,145 shares during the period. 40.53% of the stock is currently owned by institutional investors and hedge funds.

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.