StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA - Get Free Report) in a research report issued on Friday. The firm set a "buy" rating on the stock.
Separately, Lake Street Capital lifted their price target on shares of Gaia from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Tuesday, November 5th.
Get Our Latest Analysis on Gaia
Gaia Price Performance
Shares of NASDAQ:GAIA traded down $0.02 during trading on Friday, reaching $5.60. The stock had a trading volume of 20,120 shares, compared to its average volume of 27,288. 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 1-year low of $2.78 and a 1-year high of $6.53. The stock has a market cap of $131.43 million, a PE ratio of -20.74 and a beta of 0.71. The business has a fifty day moving average price of $5.17 and a 200-day moving average price of $5.09.
Gaia (NASDAQ:GAIA - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The company 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%. On average, equities analysts forecast that Gaia will post -0.24 earnings per share for the current fiscal year.
Institutional Trading of Gaia
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Peapod Lane Capital LLC acquired a new position in shares of Gaia in the fourth quarter valued at approximately $2,804,000. Dimensional Fund Advisors LP grew its stake in shares of 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 acquiring an additional 13,865 shares in the last quarter. Geode Capital Management LLC increased its position in shares of 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 during the period. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Gaia in the third quarter valued at $49,000. Hedge funds and other institutional investors own 40.53% of the company's stock.
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.
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