Gaia (NASDAQ:GAIA) Research Coverage Started at StockNews.com

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

Gaia Price Performance

Gaia stock opened at $3.65 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.51 and a current ratio of 0.51. Gaia has a 52-week low of $2.11 and a 52-week high of $3.94. The firm has a 50 day moving average price of $3.09 and a two-hundred day moving average price of $2.86. The firm has a market cap of $84.79 million, a price-to-earnings ratio of -15.21 and a beta of 0.79.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GAIA. AWM Investment Company Inc. increased its stake in shares of Gaia by 48.4% in the 3rd quarter. AWM Investment Company Inc. now owns 1,097,865 shares of the company’s stock valued at $2,986,000 after acquiring an additional 358,145 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Gaia by 1.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,161,934 shares of the company’s stock valued at $3,160,000 after acquiring an additional 15,813 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Gaia by 13.2% in the 2nd quarter. Renaissance Technologies LLC now owns 98,400 shares of the company’s stock valued at $227,000 after acquiring an additional 11,500 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Gaia by 3.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 286,067 shares of the company’s stock valued at $661,000 after acquiring an additional 9,736 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Gaia by 1,087.6% in the 1st quarter. NewEdge Advisors LLC now owns 11,876 shares of the company’s stock valued at $33,000 after acquiring an additional 10,876 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.