StockNews.com Begins Coverage on Gaia (NASDAQ:GAIA)

StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA - Free Report) in a report released on Sunday. The firm issued a hold rating on the stock.

A number of other research analysts also recently commented on GAIA. Roth Capital raised shares of Gaia to a "strong-buy" rating in a research report on Tuesday, February 11th. Roth Mkm reissued a "buy" rating and issued a $9.00 price objective (down previously from $10.00) on shares of Gaia in a research note on Tuesday, March 11th.

Gaia Trading Up 0.3 %

Shares of NASDAQ:GAIA traded up $0.01 during trading on Friday, reaching $3.86. 8,611 shares of the company were exchanged, compared to its average volume of 32,250. The business's fifty day simple moving average is $4.16 and its 200-day simple moving average is $4.93. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.43 and a quick ratio of 0.43. Gaia has a 12-month low of $2.93 and a 12-month high of $6.53. The firm has a market capitalization of $96.78 million, a PE ratio of -14.30 and a beta of 1.00.

Gaia (NASDAQ:GAIA - Get Free Report) last released its quarterly earnings data on Monday, March 10th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate 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 company had revenue of $24.43 million for the quarter, compared to the consensus estimate of $24.40 million. On average, research analysts anticipate that Gaia will post -0.23 EPS for the current year.

Hedge Funds Weigh In On Gaia

Large investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its holdings in shares of Gaia by 0.3% in the 4th quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company's stock valued at $5,006,000 after buying an additional 3,124 shares in the last quarter. Peapod Lane Capital LLC acquired a new stake in Gaia in the fourth quarter valued at approximately $2,804,000. Dimensional Fund Advisors LP grew its holdings in Gaia by 7.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock worth $1,827,000 after purchasing an additional 27,289 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Gaia by 4.1% during the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company's stock worth $855,000 after purchasing an additional 7,460 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Gaia by 13.9% during the third 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 in the last quarter. 40.53% of the stock is currently owned by institutional investors.

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.