Rich Sparkle (NASDAQ:ANPA) Trading Down 6.3% - What's Next?

Key Points

• Rich Sparkle Holdings Limited's stock (NASDAQ:ANPA) fell by 6.3% during mid-day trading on Friday, with a significant drop in trading volume, down 94% from the average daily volume.
• Wall Street analysts have upgraded Rich Sparkle to a "hold" rating, implying a cautious outlook for the stock's future performance.
• Rich Sparkle specializes in financial printing and corporate services, primarily offering services in Hong Kong, including listing documents and financial reports.

Rich Sparkle Holdings Limited (NASDAQ:ANPA - Get Free Report)'s share price dropped 6.3% during trading on Friday . The company traded as low as $45.00 and last traded at $45.00. Approximately 38,281 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 589,487 shares. The stock had previously closed at $48.00.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Rich Sparkle to a "hold" rating in a report on Sunday, July 20th.

Rich Sparkle Stock Performance

The firm's fifty day moving average price is $35.46.

Rich Sparkle Company Profile

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.