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

Research analysts at StockNews.com initiated coverage on shares of Gaia (NASDAQ:GAIA) in a report issued on Sunday. The firm set a “hold” rating on the stock.

A number of other research analysts also recently issued reports on the stock. Roth Capital upgraded shares of Gaia to a “strong-buy” rating in a research report on Tuesday, February 11th. Roth Mkm reiterated a “buy” rating and set a $9.00 price objective (down previously from $10.00) on shares of Gaia in a research note on Tuesday, March 11th.

Gaia Price Performance

NASDAQ:GAIA opened at $3.56 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. The company has a market capitalization of $89.26 million, a price-to-earnings ratio of -13.19 and a beta of 1.00. Gaia has a one year low of $2.93 and a one year high of $6.53. The stock has a 50-day simple moving average of $4.21 and a 200 day simple moving average of $4.95.

Gaia (NASDAQ:GAIA) last issued its earnings results on Monday, March 10th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.01. The company had revenue of $24.43 million during the quarter, compared to analyst estimates of $24.40 million. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. Sell-side analysts predict that Gaia will post -0.23 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of GAIA. Peapod Lane Capital LLC acquired a new stake in shares of Gaia in the fourth quarter valued at approximately $2,804,000. Topline Capital Management LLC acquired a new stake in Gaia in the 4th quarter valued at approximately $206,000. Dimensional Fund Advisors LP raised its stake in 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 acquiring an additional 27,289 shares in the last quarter. Geode Capital Management LLC boosted its position in Gaia by 13.9% during the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after acquiring an additional 21,870 shares during the period. Finally, Renaissance Technologies LLC grew its stake in shares of 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 purchasing an additional 7,460 shares in 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.