StockNews.com initiated coverage on shares of Gaia (NASDAQ:GAIA - Get Free Report) in a research note issued on Saturday. The brokerage set a "buy" rating on the stock.
GAIA has been the topic of several other research reports. Roth Capital raised shares of Gaia to a "strong-buy" rating in a research note on Tuesday, February 11th. Roth Mkm restated a "buy" rating and issued a $9.00 target price (down from $10.00) on shares of Gaia in a research note on Tuesday, March 11th.
Check Out Our Latest Research Report on GAIA
Gaia Trading Up 10.3 %
NASDAQ GAIA traded up $0.32 during trading on Friday, hitting $3.42. The stock had a trading volume of 87,699 shares, compared to its average volume of 31,766. The stock has a market capitalization of $85.75 million, a price-to-earnings ratio of -12.67 and a beta of 1.00. The stock has a 50 day simple moving average of $4.34 and a 200 day simple moving average of $4.98. Gaia has a one year low of $2.93 and a one year high of $6.53. 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 (NASDAQ:GAIA - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. The firm had revenue of $24.43 million during the quarter, compared to analyst estimates of $24.40 million. Sell-side analysts predict that Gaia will post -0.23 earnings per share for the current year.
Hedge Funds Weigh In On Gaia
Several institutional investors have recently made changes to their positions in the company. Topline Capital Management LLC bought a new position in Gaia during the 4th quarter worth about $206,000. Geode Capital Management LLC lifted its position in shares of Gaia by 13.9% in the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company's stock worth $872,000 after purchasing an additional 21,870 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Gaia by 4.1% during the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock valued at $855,000 after purchasing an additional 7,460 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Gaia by 7.2% during the fourth 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 during the period. Finally, Peapod Lane Capital LLC bought a new position in Gaia in the fourth quarter worth approximately $2,804,000. 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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