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

Equities researchers at StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA) in a note issued to investors on Monday. The brokerage set a “buy” rating on the stock.

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

Gaia Price Performance

Shares of NASDAQ GAIA opened at $4.65 on Monday. The stock has a market capitalization of $109.12 million, a PE ratio of -17.22 and a beta of 0.71. Gaia has a fifty-two week low of $2.80 and a fifty-two week high of $6.53. 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 business has a fifty day moving average price of $4.92 and a two-hundred day moving average price of $5.13.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. bought a new position in Gaia in the third quarter worth approximately $49,000. Geode Capital Management LLC raised its holdings in Gaia by 13.9% during the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after buying an additional 21,870 shares during the last quarter. Peapod Lane Capital LLC acquired a new position in shares of Gaia during the fourth quarter valued at about $2,804,000. Renaissance Technologies LLC increased its position in shares of Gaia by 4.1% during 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 raised its holdings in shares of Gaia by 7.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock worth $1,827,000 after acquiring an additional 27,289 shares during the last quarter. 40.53% of the stock is 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.