Equities researchers at StockNews.com initiated coverage on shares of Gaia (NASDAQ:GAIA - Get Free Report) in a research report issued to clients and investors on Wednesday. The firm set a "buy" rating on the stock.
Separately, Lake Street Capital upped their price target on Gaia from $6.00 to $7.00 and gave the stock a "buy" rating in a report on Tuesday, November 5th.
Check Out Our Latest Stock Report on Gaia
Gaia Trading Up 6.4 %
GAIA traded up $0.27 during trading on Wednesday, hitting $4.47. 13,100 shares of the company's stock were exchanged, compared to its average volume of 21,044. Gaia has a 1 year low of $2.75 and a 1 year high of $6.53. The stock has a 50 day moving average price of $5.34 and a 200 day moving average price of $5.02. The firm has a market cap of $104.90 million, a P/E ratio of -16.56 and a beta of 0.69. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06.
Gaia (NASDAQ:GAIA - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.01. The firm had revenue of $22.16 million during the quarter. Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. As a group, analysts expect that Gaia will post -0.24 EPS for the current fiscal year.
Institutional Trading of Gaia
Several large investors have recently modified their holdings of GAIA. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Gaia during the 3rd quarter valued at approximately $49,000. Geode Capital Management LLC boosted its stake in shares of 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 buying an additional 21,870 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Gaia by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company's stock valued at $1,493,000 after buying an additional 13,865 shares during the last quarter. 40.53% of the stock is currently owned by institutional investors and hedge funds.
Gaia Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Gaia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gaia wasn't on the list.
While Gaia currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
