Roth Capital Thinks Gaia Inc’s Stock is Going to Recover

In a report released yesterday, Darren Aftahi from Roth Capital maintained a Buy rating on Gaia Inc (GAIAResearch Report), with a price target of $11.25. The company’s shares closed yesterday at $5.90, close to its 52-week low of $5.68.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 14.7% and a 48.6% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

Currently, the analyst consensus on Gaia Inc is a Moderate Buy with an average price target of $15.63, implying a 164.9% upside from current levels. In a report issued on July 30, B.Riley FBR also reiterated a Buy rating on the stock with a $22 price target.

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The company has a one-year high of $21.65 and a one-year low of $5.68. Currently, Gaia Inc has an average volume of 104.5K.

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GAIA in relation to earlier this year.

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Gaia, Inc. operates a global digital video streaming subscription service and online community. It provides its services through the following channels: Seeking Truth, Transformation, and Yoga. The company was founded by Jirka Rysavy on July 7, 1988 and is headquartered in Louisville, CO.