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

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

Gaia Price Performance

GAIA stock opened at $3.37 on Thursday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.07. Gaia has a one year low of $2.11 and a one year high of $3.94. The firm has a market capitalization of $77.54 million, a PE ratio of -14.04 and a beta of 0.79. The firm has a 50-day moving average of $2.99 and a two-hundred day moving average of $2.80.

Institutional Trading of Gaia

A number of hedge funds have recently bought and sold shares of GAIA. Nantahala Capital Management LLC lifted its stake in Gaia by 3,853.6% during the fourth quarter. Nantahala Capital Management LLC now owns 915,029 shares of the company’s stock valued at $2,471,000 after buying an additional 891,885 shares in the last quarter. AWM Investment Company Inc. lifted its stake in Gaia by 48.4% during the third 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. Boothbay Fund Management LLC purchased a new stake in Gaia during the fourth quarter valued at about $305,000. Vanguard Group Inc. lifted its stake in Gaia by 13.9% during the third quarter. Vanguard Group Inc. now owns 661,092 shares of the company’s stock valued at $1,607,000 after buying an additional 80,598 shares in the last quarter. Finally, Morgan Stanley lifted its stake in Gaia by 2,160.5% during the fourth quarter. Morgan Stanley now owns 46,634 shares of the company’s stock valued at $111,000 after buying an additional 44,571 shares in the last quarter. 40.53% of the stock is owned by hedge funds and other institutional investors.

About Gaia

Gaia, Inc operates a digital video subscription service and on-line community for underserved member base in the United States, Canada, Australia, and internationally. It has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet-connected devices.