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

Analysts at StockNews.com initiated coverage on shares of Gaia (NASDAQ:GAIA - Get Free Report) in a note issued to investors on Thursday. The firm set a "buy" rating on the stock.

Several other analysts have also recently commented on the company. Roth Capital raised Gaia to a "strong-buy" rating in a research report on Tuesday, February 11th. Roth Mkm reissued a "buy" rating and issued a $9.00 price objective (down from $10.00) on shares of Gaia in a research note on Tuesday, March 11th.

Gaia Trading Down 2.2 %

NASDAQ GAIA traded down $0.09 on Thursday, hitting $4.09. 65,519 shares of the company were exchanged, compared to its average volume of 32,273. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.43 and a quick ratio of 0.43. Gaia has a twelve month low of $2.85 and a twelve month high of $6.53. The firm has a market capitalization of $102.55 million, a P/E ratio of -15.15 and a beta of 0.78. The company's 50 day moving average price is $4.82 and its 200-day moving average price is $5.13.

Gaia (NASDAQ:GAIA - Get Free Report) last released its quarterly earnings results on Monday, March 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01. Gaia had a negative net margin of 7.23% and a negative return on equity of 6.90%. The business had revenue of $24.43 million for the quarter, compared to analyst estimates of $24.40 million. Analysts predict that Gaia will post -0.23 earnings per share for the current fiscal year.

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Hedge Funds Weigh In On Gaia

Several institutional investors and hedge funds have recently modified their holdings of GAIA. Ameriprise Financial Inc. raised its holdings in shares of Gaia by 0.3% during the fourth quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company's stock worth $5,006,000 after acquiring an additional 3,124 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Gaia by 4.1% during the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock worth $855,000 after purchasing an additional 7,460 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Gaia during the 3rd quarter worth about $49,000. Geode Capital Management LLC lifted its holdings 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 grew its stake in shares of Gaia by 7.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock valued at $1,827,000 after buying an additional 27,289 shares in the last quarter. 40.53% of the stock is currently owned by hedge funds and other institutional investors.

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.