Gaia (NASDAQ:GAIA) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Gaia (NASDAQ:GAIA) in a report issued on Friday. The firm issued a buy rating on the stock.

Gaia Trading Down 1.9 %

Gaia stock opened at $3.65 on Friday. Gaia has a 52 week low of $2.11 and a 52 week high of $3.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a market capitalization of $84.77 million, a P/E ratio of -15.21 and a beta of 0.79. The stock has a 50-day simple moving average of $3.08 and a 200 day simple moving average of $2.86.

Hedge Funds Weigh In On Gaia

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. grew its holdings in Gaia by 1.4% during the third quarter. Ameriprise Financial Inc. now owns 1,161,934 shares of the company’s stock worth $3,160,000 after purchasing an additional 15,813 shares during the period. AWM Investment Company Inc. boosted its holdings in shares of Gaia by 48.4% during the third quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock worth $2,986,000 after acquiring an additional 358,145 shares during the period. Nantahala Capital Management LLC boosted its holdings in shares of Gaia by 3,853.6% during the fourth quarter. Nantahala Capital Management LLC now owns 915,029 shares of the company’s stock worth $2,471,000 after acquiring an additional 891,885 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Gaia by 13.9% during the third quarter. Vanguard Group Inc. now owns 661,092 shares of the company’s stock worth $1,607,000 after acquiring an additional 80,598 shares during the period. Finally, Acuitas Investments LLC boosted its holdings in shares of Gaia by 10.0% during the fourth quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock worth $1,185,000 after acquiring an additional 39,938 shares during the period. Institutional investors own 40.53% of the company’s stock.

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.