Rich Sparkle Holdings Limited’s Lock-Up Period Set To Expire on January 5th (NASDAQ:ANPA)

Rich Sparkle’s (NASDAQ:ANPA) lock-up period will end on Monday, January 5th. Rich Sparkle had issued 1,250,000 shares in its initial public offering on July 8th. The total size of the offering was $5,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on shares of Rich Sparkle in a research note on Wednesday, October 8th. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Rich Sparkle currently has a consensus rating of “Sell”.

Rich Sparkle Trading Up 1.1%

NASDAQ ANPA opened at $22.49 on Monday. Rich Sparkle has a 52 week low of $2.80 and a 52 week high of $54.75. The firm’s 50-day simple moving average is $24.58.

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.