Gaia (NASDAQ:GAIA) Price Target Raised to $7.00 at Lake Street Capital

Gaia (NASDAQ:GAIA) had its price target lifted by Lake Street Capital from $6.00 to $7.00 in a research report sent to investors on Tuesday, MarketBeat reports. They currently have a buy rating on the stock.

Separately, StockNews.com began coverage on Gaia in a report on Friday, September 6th. They issued a “hold” rating for the company.

Gaia Trading Up 2.0 %

NASDAQ:GAIA opened at $6.10 on Tuesday. The stock has a fifty day simple moving average of $5.19 and a 200 day simple moving average of $4.69. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $143.05 million, a price-to-earnings ratio of -22.59 and a beta of 0.62. Gaia has a 1-year low of $2.35 and a 1-year high of $6.30.

Gaia (NASDAQ:GAIA) last released its earnings results on Monday, November 4th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.01. The business had revenue of $22.16 million for the quarter. Gaia had a negative net margin of 7.23% and a negative return on equity of 7.00%.

Institutional Trading of Gaia

A hedge fund recently raised its stake in Gaia stock. Dimensional Fund Advisors LP raised its stake in Gaia, Inc. (NASDAQ:GAIA) by 4.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 338,638 shares of the company’s stock after buying an additional 13,865 shares during the quarter. Dimensional Fund Advisors LP owned 1.44% of Gaia worth $1,493,000 at the end of the most recent reporting period. 40.53% of the stock is currently owned by hedge funds and other institutional investors.

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.