Gaia (NASDAQ:GAIA) Coverage Initiated by Analysts at StockNews.com

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

Gaia Stock Up 1.0 %

Shares of NASDAQ GAIA opened at $5.00 on Friday. Gaia has a 52-week low of $2.29 and a 52-week high of $5.19. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.45 and a current ratio of 0.45. The stock has a 50 day moving average price of $4.55 and a 200 day moving average price of $4.09. The firm has a market capitalization of $117.25 million, a price-to-earnings ratio of -20.83 and a beta of 0.63.

Gaia (NASDAQ:GAIA) last posted its earnings results on Monday, August 5th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). Gaia had a negative net margin of 6.68% and a negative return on equity of 6.37%. The firm had revenue of $22.08 million for the quarter.

Institutional Trading of Gaia

A hedge fund recently raised its stake in Gaia stock. Dimensional Fund Advisors LP raised its holdings in Gaia, Inc. (NASDAQ:GAIA) by 4.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 338,638 shares of the company’s stock after purchasing an additional 13,865 shares during the period. Dimensional Fund Advisors LP owned about 1.44% of Gaia worth $1,493,000 at the end of the most recent quarter. Institutional investors and hedge funds own 40.53% of the company’s stock.

About Gaia

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.