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

StockNews.com initiated coverage on shares of Gaia (NASDAQ:GAIA) in a research note published on Wednesday morning. The firm issued a buy rating on the stock.

A number of other analysts have also weighed in on the stock. Roth Mkm restated a “buy” rating and set a $9.00 price objective (down from $10.00) on shares of Gaia in a research note on Tuesday. Roth Capital upgraded shares of Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th.

Gaia Stock Up 0.5 %

Shares of NASDAQ GAIA opened at $4.17 on Wednesday. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. Gaia has a 12 month low of $2.85 and a 12 month high of $6.53. The firm has a market capitalization of $97.86 million, a PE ratio of -15.44 and a beta of 0.78. The firm has a fifty day simple moving average of $4.85 and a two-hundred day simple moving average of $5.14.

Gaia (NASDAQ:GAIA) last issued its quarterly earnings results on Monday, March 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.01. The company had revenue of $24.43 million during the quarter, compared to analyst estimates of $24.40 million. Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. Equities analysts expect that Gaia will post -0.23 earnings per share for the current year.

Institutional Trading of Gaia

A number of institutional investors and hedge funds have recently bought and sold shares of GAIA. Ameriprise Financial Inc. boosted its holdings in shares of Gaia by 0.3% during the 4th quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company’s stock valued at $5,006,000 after acquiring an additional 3,124 shares during the last quarter. Peapod Lane Capital LLC purchased a new stake in shares of Gaia during the 4th quarter valued at about $2,804,000. Dimensional Fund Advisors LP boosted its holdings in shares of Gaia by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock valued at $1,827,000 after acquiring an additional 27,289 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Gaia by 4.1% during the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock valued at $855,000 after acquiring an additional 7,460 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings 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. 40.53% of the stock is currently owned by institutional investors.

About Gaia

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.