Roth Capital Upgrades Gaia (NASDAQ:GAIA) to “Strong-Buy”

Roth Capital upgraded shares of Gaia (NASDAQ:GAIA) to a strong-buy rating in a research report report published on Tuesday,Zacks.com reports.

GAIA has been the topic of a number of other reports. StockNews.com initiated coverage on Gaia in a research note on Saturday. They issued a “buy” rating on the stock. Lake Street Capital increased their price objective on shares of Gaia from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Finally, Roth Mkm started coverage on shares of Gaia in a research note on Tuesday. They set a “buy” rating and a $10.00 target price for the company.

Gaia Stock Up 0.2 %

NASDAQ:GAIA opened at $5.01 on Tuesday. The firm has a market capitalization of $117.58 million, a PE ratio of -18.56 and a beta of 0.71. Gaia has a 52 week low of $2.78 and a 52 week high of $6.53. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average of $5.08 and a 200-day moving average of $5.11.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Gaia during the third quarter valued at approximately $49,000. Geode Capital Management LLC lifted its position in Gaia by 13.9% in the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after purchasing an additional 21,870 shares during the period. Finally, Peapod Lane Capital LLC bought a new position in Gaia during the 4th quarter valued at $2,804,000. 40.53% of the stock is owned by institutional investors and hedge funds.

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.