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

Stock analysts at StockNews.com assumed coverage on shares of Gaia (NASDAQ:GAIA) in a report issued on Sunday. The firm set a “buy” rating on the stock.

Gaia Trading Down 1.5 %

Gaia stock opened at $3.89 on Friday. Gaia has a 12 month low of $2.11 and a 12 month high of $4.08. The company has a market capitalization of $90.36 million, a price-to-earnings ratio of -16.21 and a beta of 0.79. The business’s fifty day simple moving average is $3.24 and its two-hundred day simple moving average is $2.93. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.07.

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

Institutional Inflows and Outflows

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