Roth Mkm Initiates Coverage on Gaia (NASDAQ:GAIA)

Equities research analysts at Roth Mkm began coverage on shares of Gaia (NASDAQ:GAIA) in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $10.00 price target on the stock. Roth Mkm’s target price indicates a potential upside of 99.60% from the stock’s current price.

A number of other equities analysts have also recently issued reports on GAIA. Lake Street Capital increased their target price on Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th. StockNews.com assumed coverage on shares of Gaia in a report on Saturday, February 8th. They issued a “buy” rating for the company.

Gaia Stock Performance

NASDAQ GAIA opened at $5.01 on Tuesday. The firm’s fifty day moving average price is $5.06 and its two-hundred day moving average price is $5.11. The stock has a market cap of $117.58 million, a PE ratio of -18.56 and a beta of 0.71. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. Gaia has a fifty-two week low of $2.78 and a fifty-two week high of $6.53.

Institutional Investors Weigh In On Gaia

A number of institutional investors have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Gaia in the third quarter worth approximately $49,000. Geode Capital Management LLC lifted its position 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 purchasing an additional 21,870 shares during the period. Finally, Peapod Lane Capital LLC acquired a new position in shares of Gaia in the 4th quarter worth approximately $2,804,000. Institutional investors own 40.53% of the company’s stock.

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.