Gaia, Inc. (GAIA) Sets 52-Week High; Strong Momentum for Holders

June 22, 2018 - By Darrin Black

Gaia, Inc. (NASDAQ:GAIA) Logo

The stock of Gaia, Inc. (NASDAQ:GAIA) hit a new 52-week high and has $22.42 target or 5.00 % above today’s $21.35 share price. The 6 months bullish chart indicates low risk for the $381.82 million company. The 1-year high was reported on Jun, 22 by Barchart.com. If the $22.42 price target is reached, the company will be worth $19.09 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.95% or $0.2 during the last trading session, reaching $21.35. About 105,948 shares traded. Gaia, Inc. (NASDAQ:GAIA) has risen 76.96% since June 22, 2017 and is uptrending. It has outperformed by 64.39% the S&P500.

Analysts await Gaia, Inc. (NASDAQ:GAIA) to report earnings on August, 6. They expect $-0.42 EPS, 0.00 % or $0.00 from last year’s $-0.42 per share. After $-0.39 actual EPS reported by Gaia, Inc. for the previous quarter, Wall Street now forecasts 7.69 % negative EPS growth.

Gaia, Inc. (NASDAQ:GAIA) Ratings Coverage

Among 3 analysts covering Gaia (NASDAQ:GAIA), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Gaia had 5 analyst reports since March 26, 2018 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Thursday, May 3. The firm earned “Buy” rating on Thursday, June 7 by FBR Capital. Roth Capital initiated Gaia, Inc. (NASDAQ:GAIA) on Friday, April 27 with “Buy” rating.

Gaia, Inc. operates a digital video subscription service and on-line community that caters to a unique and underserved subscriber base worldwide. The company has market cap of $381.82 million. The firm has a digital content library of approximately 7,700 titles available to its subscribers on Internet-connected devices anytime, anywhere commercial free. It currently has negative earnings. The Company’s subscribers have unlimited access to a library of inspiring films, cutting edge documentaries, interviews, yoga classes, transformation related content, and others that are available to its subscribers for digital streaming.

Gaia, Inc. (NASDAQ:GAIA) Ratings Chart

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