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

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

GAIA has been the subject of several other research reports. Roth Capital upgraded Gaia to a “strong-buy” rating in a report on Tuesday, February 11th. Lake Street Capital upped their price objective on shares of Gaia from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Finally, Roth Mkm initiated coverage on shares of Gaia in a research note on Tuesday, February 11th. They issued a “buy” rating and a $10.00 price objective on the stock.

Gaia Price Performance

Shares of NASDAQ GAIA opened at $5.06 on Friday. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average price is $5.00 and its 200-day moving average price is $5.11. The firm has a market capitalization of $118.76 million, a P/E ratio of -18.74 and a beta of 0.71. Gaia has a 1-year low of $2.78 and a 1-year high of $6.53.

Institutional Investors Weigh In On Gaia

Several institutional investors have recently bought and sold shares of GAIA. Connor Clark & Lunn Investment Management Ltd. bought a new position in Gaia during the 3rd quarter valued at $49,000. Geode Capital Management LLC raised its holdings in shares of Gaia by 13.9% in the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock valued at $872,000 after purchasing an additional 21,870 shares during the last quarter. Peapod Lane Capital LLC bought a new position in shares of Gaia during the fourth quarter valued at about $2,804,000. Dimensional Fund Advisors LP boosted its holdings in Gaia by 7.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock worth $1,827,000 after purchasing an additional 27,289 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Gaia by 4.1% in the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock worth $855,000 after purchasing an additional 7,460 shares in the last quarter. Institutional investors own 40.53% of the company’s stock.

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.