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

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

A number of other research firms also recently weighed in on GAIA. Roth Mkm initiated coverage on shares of Gaia in a research report on Tuesday, February 11th. They set a “buy” rating and a $10.00 target price for the company. Roth Capital upgraded Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th. Finally, Lake Street Capital increased their price target on Gaia from $6.00 to $7.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th.

Gaia Trading Up 0.6 %

Shares of Gaia stock opened at $4.65 on Monday. The stock has a fifty day moving average price of $4.92 and a 200-day moving average price of $5.13. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a market cap of $109.12 million, a PE ratio of -17.22 and a beta of 0.71. Gaia has a 1 year low of $2.80 and a 1 year high of $6.53.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in GAIA. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Gaia during the third quarter valued at approximately $49,000. Geode Capital Management LLC boosted 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 acquiring an additional 21,870 shares during the last quarter. Peapod Lane Capital LLC purchased a new position in Gaia in the 4th quarter worth approximately $2,804,000. Renaissance Technologies LLC grew its position in Gaia by 4.1% in the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock worth $855,000 after acquiring an additional 7,460 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position 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 purchasing an additional 27,289 shares during 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.