Gaia (NASDAQ:GAIA) Now Covered by StockNews.com

StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA) in a research note published on Saturday. The firm issued a buy rating on the stock.

Gaia Trading Up 3.1 %

NASDAQ GAIA opened at $3.97 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.07. The firm has a market cap of $92.22 million, a PE ratio of -16.54 and a beta of 0.79. The company has a 50 day moving average price of $3.18 and a 200 day moving average price of $2.91. Gaia has a 52 week low of $2.11 and a 52 week high of $4.05.

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

Institutional Trading of Gaia

Several large investors have recently made changes to their positions in the business. Sapient Capital LLC purchased a new stake in shares of Gaia in the 4th quarter valued at $88,000. Marquette Asset Management LLC boosted its holdings in shares of Gaia by 7.0% in 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 last quarter. Acuitas Investments LLC boosted its holdings in shares of Gaia by 10.0% in 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 last quarter. Finally, AWM Investment Company Inc. boosted its holdings in 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 buying an additional 358,145 shares in the last quarter. 40.53% of the stock is owned by hedge funds and other 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.