Investment analysts at StockNews.com began coverage on shares of Gaia (NASDAQ:GAIA - Get Free Report) in a research report issued to clients and investors on Saturday. The brokerage set a "buy" rating on the stock.
Separately, Lake Street Capital increased their price target on shares of Gaia from $6.00 to $7.00 and gave the stock a "buy" rating in a research note on Tuesday, November 5th.
View Our Latest Research Report on Gaia
Gaia Trading Up 0.2 %
Shares of Gaia stock traded up $0.01 during midday trading on Friday, reaching $5.01. 43,653 shares of the company's stock traded hands, compared to its average volume of 43,254. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. Gaia has a 12 month low of $2.78 and a 12 month high of $6.53. The company has a market cap of $117.58 million, a PE ratio of -18.56 and a beta of 0.71. The stock has a 50 day moving average of $5.08 and a 200-day moving average of $5.11.
Hedge Funds Weigh In On Gaia
Institutional investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Gaia in the 3rd quarter worth about $49,000. Geode Capital Management LLC boosted its stake in Gaia by 13.9% during the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company's stock worth $872,000 after acquiring an additional 21,870 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Gaia by 4.3% in the second quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company's stock worth $1,493,000 after purchasing an additional 13,865 shares during the period. Finally, Peapod Lane Capital LLC bought a new position in shares of Gaia during the fourth quarter valued at approximately $2,804,000. Institutional investors own 40.53% of the company's stock.
About Gaia
(
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.
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