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

Equities research analysts at StockNews.com began coverage on shares of Gaia (NASDAQ:GAIA) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating on the stock.

Gaia Price Performance

Gaia stock opened at $3.74 on Monday. Gaia has a 52 week low of $2.11 and a 52 week high of $4.09. The company’s 50 day moving average price is $3.36 and its two-hundred day moving average price is $2.98. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.07. The stock has a market cap of $86.88 million, a P/E ratio of -15.58 and a beta of 0.68.

Gaia (NASDAQ:GAIA) last posted its earnings results on Wednesday, March 27th. The company reported ($0.08) EPS for the quarter. Gaia had a negative return on equity of 6.06% and a negative net margin of 6.57%. The firm had revenue of $20.71 million for the quarter.

Hedge Funds Weigh In On Gaia

Several hedge funds have recently modified their holdings of the company. Sapient Capital LLC bought a new position in shares of Gaia during the 4th quarter worth approximately $88,000. Marquette Asset Management LLC increased its stake in shares of Gaia by 7.0% during the 4th quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock worth $242,000 after purchasing an additional 5,883 shares during the last quarter. Acuitas Investments LLC increased its stake in shares of Gaia by 10.0% during the 4th quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock worth $1,185,000 after purchasing an additional 39,938 shares during the last quarter. Finally, AWM Investment Company Inc. increased its stake in shares of Gaia by 48.4% during the 3rd quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock worth $2,986,000 after purchasing an additional 358,145 shares during the last quarter. Institutional investors 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.