Equities research analysts at StockNews.com initiated coverage on shares of Gaia (NASDAQ:GAIA - Get Free Report) in a research note issued on Tuesday. The brokerage set a "buy" rating on the stock.
GAIA has been the subject of several other research reports. Roth Mkm initiated coverage on shares of Gaia in a research note on Tuesday, February 11th. They issued a "buy" rating and a $10.00 price target for the company. Lake Street Capital raised their target price 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. Finally, Roth Capital upgraded Gaia to a "strong-buy" rating in a report on Tuesday, February 11th.
Check Out Our Latest Stock Analysis on GAIA
Gaia Stock Performance
Gaia stock traded down $0.04 during mid-day trading on Tuesday, hitting $4.12. The company had a trading volume of 16,286 shares, compared to its average volume of 31,879. The company's fifty day moving average is $4.89 and its 200-day moving average is $5.14. 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 has a 12-month low of $2.85 and a 12-month high of $6.53. The company has a market capitalization of $96.68 million, a price-to-earnings ratio of -15.24 and a beta of 0.71.
Institutional Investors Weigh In On Gaia
Several institutional investors and hedge funds have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Gaia in the third quarter valued at $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. Peapod Lane Capital LLC bought a new stake in shares of Gaia in the 4th quarter worth about $2,804,000. Renaissance Technologies LLC grew its position in shares of Gaia by 4.1% during the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock valued at $855,000 after buying an additional 7,460 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Gaia by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock valued at $1,827,000 after purchasing an additional 27,289 shares during the period. 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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