Gaia (NASDAQ:GAIA) Earns Buy Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Gaia (NASDAQ:GAIA) in a research report sent to investors on Monday. The brokerage issued a buy rating on the stock.

Gaia Stock Performance

Gaia stock opened at $3.99 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.51 and a quick ratio of 0.51. The stock has a fifty day moving average price of $3.39 and a two-hundred day moving average price of $2.99. Gaia has a 52-week low of $2.11 and a 52-week high of $4.31. The firm has a market capitalization of $92.67 million, a P/E ratio of -16.63 and a beta of 0.68.

Gaia (NASDAQ:GAIA) last announced its earnings results on Wednesday, March 27th. The company reported ($0.08) earnings per share for the quarter. Gaia had a negative net margin of 6.57% and a negative return on equity of 6.06%. The business had revenue of $20.71 million during the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GAIA. Sapient Capital LLC bought a new stake in Gaia in the 4th quarter valued at $88,000. Marquette Asset Management LLC lifted its position in shares of Gaia by 7.0% during the 4th quarter. Marquette Asset Management LLC now owns 89,713 shares of the company’s stock valued at $242,000 after acquiring an additional 5,883 shares during the period. Acuitas Investments LLC lifted its position in shares of Gaia by 10.0% during the 4th quarter. Acuitas Investments LLC now owns 439,025 shares of the company’s stock valued at $1,185,000 after acquiring an additional 39,938 shares during the period. Finally, AWM Investment Company Inc. lifted its position in shares of Gaia by 48.4% during the 3rd quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock worth $2,986,000 after buying an additional 358,145 shares during the last quarter. 40.53% of the stock is owned by institutional investors and hedge funds.

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.