Gaia (NASDAQ:GAIA) Coverage Initiated by Analysts at StockNews.com

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

Separately, Lake Street Capital increased their target price on Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th.

Gaia Price Performance

Shares of Gaia stock opened at $5.01 on Friday. The firm has a market cap of $117.58 million, a PE ratio of -18.56 and a beta of 0.71. The stock has a 50 day moving average of $5.12 and a 200 day moving average of $5.11. 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 $2.78 and a 12 month high of $6.53.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GAIA. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Gaia during the third quarter worth approximately $49,000. Geode Capital Management LLC increased its position 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 purchasing an additional 21,870 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Gaia by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company’s stock valued at $1,493,000 after buying an additional 13,865 shares during the period. Finally, Peapod Lane Capital LLC bought a new stake in Gaia in the fourth quarter worth $2,804,000. Institutional investors own 40.53% of the company’s stock.

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.