Gaia (NASDAQ:GAIA) Coverage Initiated by Analysts at Roth Mkm

Research analysts at Roth Mkm assumed coverage on shares of Gaia (NASDAQ:GAIA) in a research report issued to clients and investors on Tuesday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $10.00 price target on the stock. Roth Mkm’s price target would suggest a potential upside of 100.00% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Lake Street Capital increased their price objective on Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. StockNews.com assumed coverage on Gaia in a research note on Saturday. They issued a “buy” rating on the stock.

Gaia Stock Down 0.2 %

NASDAQ:GAIA opened at $5.00 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.06. The stock’s fifty day moving average is $5.10 and its two-hundred day moving average is $5.11. Gaia has a 52 week low of $2.78 and a 52 week high of $6.53. The stock has a market capitalization of $117.35 million, a price-to-earnings ratio of -18.52 and a beta of 0.71.

Institutional Trading of Gaia

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Peapod Lane Capital LLC acquired a new stake in Gaia in the fourth quarter valued at $2,804,000. Geode Capital Management LLC raised its stake in Gaia by 13.9% in the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock valued at $872,000 after buying an additional 21,870 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Gaia in the third quarter valued at $49,000. 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.