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

StockNews.com assumed coverage on shares of Gaia (NASDAQ:GAIA) in a research report report published on Sunday morning. The brokerage issued a hold rating on the stock.

Other analysts have also recently issued reports about the stock. Roth Mkm reaffirmed a “buy” rating and set a $9.00 price target (down from $10.00) on shares of Gaia in a research report on Tuesday, March 11th. Roth Capital raised Gaia to a “strong-buy” rating in a research report on Tuesday, February 11th.

Gaia Stock Performance

Shares of NASDAQ:GAIA opened at $3.95 on Friday. The firm has a market capitalization of $99.04 million, a PE ratio of -14.63 and a beta of 1.00. Gaia has a 12 month low of $2.93 and a 12 month 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 50-day moving average of $4.19 and a two-hundred day moving average of $4.94.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings results on Monday, March 10th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01. Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. The firm had revenue of $24.43 million for the quarter, compared to analyst estimates of $24.40 million. As a group, research analysts forecast that Gaia will post -0.23 earnings per share for the current year.

Institutional Investors Weigh In On Gaia

Large investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its holdings in Gaia by 0.3% in the 4th quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company’s stock worth $5,006,000 after buying an additional 3,124 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Gaia by 4.1% in the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock valued at $855,000 after purchasing an additional 7,460 shares during the last quarter. Geode Capital Management LLC grew its stake in 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 purchasing an additional 21,870 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Gaia by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock worth $1,827,000 after purchasing an additional 27,289 shares during the last quarter. Finally, Topline Capital Management LLC acquired a new position in shares of Gaia in the 4th quarter valued at approximately $206,000. 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.