Gaia (NASDAQ:GAIA) Now Covered by Roth Mkm

Roth Mkm initiated coverage on shares of Gaia (NASDAQ:GAIA) in a report released on Tuesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $10.00 price objective on the stock.

Other equities analysts have also issued reports about the stock. StockNews.com initiated coverage on shares of Gaia in a research report on Saturday. They set a “buy” rating on the stock. Lake Street Capital lifted their price objective on shares of Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a report on Tuesday, November 5th.

Gaia Stock Up 0.2 %

Shares of NASDAQ:GAIA opened at $5.01 on Tuesday. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. Gaia has a 12 month low of $2.78 and a 12 month high of $6.53. The company has a 50-day moving average price of $5.08 and a 200 day moving average price of $5.11. The company has a market cap of $117.58 million, a price-to-earnings ratio of -18.56 and a beta of 0.71.

Hedge Funds Weigh In On Gaia

Several institutional investors and hedge funds have recently bought and sold shares of GAIA. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Gaia in the 3rd quarter worth approximately $49,000. Geode Capital Management LLC lifted its holdings in shares of Gaia by 13.9% in the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after acquiring an additional 21,870 shares during the last quarter. Finally, Peapod Lane Capital LLC acquired a new position in shares of Gaia in the 4th quarter worth approximately $2,804,000. 40.53% of the stock is currently owned by institutional investors and hedge funds.

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.