Peapod Lane Capital LLC purchased a new position in shares of Gaia, Inc. (NASDAQ:GAIA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 624,431 shares of the company's stock, valued at approximately $2,804,000. Gaia comprises 2.8% of Peapod Lane Capital LLC's investment portfolio, making the stock its 10th biggest holding. Peapod Lane Capital LLC owned about 2.66% of Gaia as of its most recent SEC filing.
Separately, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Gaia during the 3rd quarter worth approximately $49,000. Institutional investors and hedge funds own 40.53% of the company's stock.
Gaia Stock Performance
Shares of NASDAQ GAIA traded up $0.04 during mid-day trading on Monday, hitting $5.06. The company had a trading volume of 43,083 shares, compared to its average volume of 36,995. 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, Inc. has a 1 year low of $2.78 and a 1 year high of $6.53. The company has a market capitalization of $118.76 million, a price-to-earnings ratio of -18.74 and a beta of 0.71. The stock's 50-day moving average price is $5.00 and its 200-day moving average price is $5.11.
Wall Street Analyst Weigh In
GAIA has been the subject of a number of analyst reports. StockNews.com began coverage on shares of Gaia in a report on Sunday. They set a "buy" rating for the company. Lake Street Capital lifted their price objective on shares of Gaia from $6.00 to $7.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. Roth Mkm initiated coverage on Gaia in a research note on Tuesday, February 11th. They set a "buy" rating and a $10.00 price target for the company. Finally, Roth Capital upgraded shares of Gaia to a "strong-buy" rating in a research note on Tuesday, February 11th.
Check Out Our Latest Stock Analysis on GAIA
Gaia Company Profile
(
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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