Gaia (NASDAQ:GAIA) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA) in a research report issued on Saturday. The firm set a “buy” rating on the stock.

Gaia Stock Performance

Shares of Gaia stock opened at $3.93 on Friday. The firm has a market capitalization of $91.28 million, a P/E ratio of -16.38 and a beta of 0.79. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.07. Gaia has a 52 week low of $2.11 and a 52 week high of $4.00. The firm’s 50 day moving average is $3.15 and its two-hundred day moving average is $2.89.

Institutional Trading of Gaia

A number of hedge funds and other institutional investors have recently made changes to their positions in GAIA. Nantahala Capital Management LLC grew its stake in Gaia by 3,853.6% during the 4th quarter. Nantahala Capital Management LLC now owns 915,029 shares of the company’s stock worth $2,471,000 after buying an additional 891,885 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Gaia by 5.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 307,726 shares of the company’s stock valued at $831,000 after acquiring an additional 15,531 shares during the period. Sapient Capital LLC purchased a new position in shares of Gaia during the fourth quarter worth approximately $88,000. Marquette Asset Management LLC increased its holdings in shares of Gaia by 7.0% in the 4th quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock valued at $242,000 after acquiring an additional 5,883 shares during the period. Finally, Acuitas Investments LLC raised its position in Gaia by 10.0% in the 4th quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock valued at $1,185,000 after purchasing an additional 39,938 shares during the last quarter. Institutional investors and hedge funds 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.