Gaia (NASDAQ:GAIA) Coverage Initiated by Analysts at Roth Mkm

Research analysts at Roth Mkm started coverage on shares of Gaia (NASDAQ:GAIA) in a report issued on Tuesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $10.00 price target on the stock. Roth Mkm’s target price indicates a potential upside of 99.60% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Lake Street Capital raised their price target on shares of Gaia from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. StockNews.com began coverage on Gaia in a research report on Saturday, February 8th. They issued a “buy” rating for the company.

Gaia Price Performance

Gaia stock opened at $5.01 on Tuesday. The stock has a market capitalization of $117.58 million, a price-to-earnings ratio of -18.56 and a beta of 0.71. Gaia has a 52-week low of $2.78 and a 52-week high of $6.53. 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 stock’s 50 day moving average price is $5.06 and its two-hundred day moving average price is $5.11.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Gaia during the third quarter worth about $49,000. Geode Capital Management LLC increased its holdings 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 purchasing an additional 21,870 shares in the last quarter. Finally, Peapod Lane Capital LLC purchased a new stake in shares of Gaia in the fourth quarter worth approximately $2,804,000. Institutional investors and hedge funds 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.