Rich Sparkle (NASDAQ:ANPA) Trading Down 10.8% – Here’s Why

Rich Sparkle Holdings Limited (NASDAQ:ANPA)’s stock price was down 10.8% during mid-day trading on Wednesday . The stock traded as low as $70.00 and last traded at $70.00. Approximately 51,920 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 225,549 shares. The stock had previously closed at $78.50.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Rich Sparkle to a “hold” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Rich Sparkle Stock Performance

The company has a 50-day simple moving average of $52.13 and a 200-day simple moving average of $38.70.

About Rich Sparkle

Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing quality financial print materials principally in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. Rich Sparkle Holdings Limited is based in Hong Kong.