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

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

Gaia Price Performance

GAIA stock opened at $4.18 on Monday. The firm has a market cap of $97.08 million, a P/E ratio of -17.42 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.51. Gaia has a 1 year low of $2.11 and a 1 year high of $4.31. The stock has a 50-day simple moving average of $3.41 and a 200-day simple moving average of $3.00.

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

Hedge Funds Weigh In On Gaia

A number of institutional investors have recently made changes to their positions in GAIA. Sapient Capital LLC acquired a new position in shares of Gaia in the 4th quarter worth approximately $88,000. Marquette Asset Management LLC raised its holdings in shares of 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 purchasing an additional 5,883 shares during the period. Acuitas Investments LLC raised its holdings in shares of 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 purchasing an additional 39,938 shares during the period. Finally, AWM Investment Company Inc. lifted its position in shares of Gaia by 48.4% in 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 during the last quarter. 40.53% of the stock is 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.