YHN Acquisition I (NASDAQ:YHNA) Issues Earnings Results

YHN Acquisition I (NASDAQ:YHNA) released its quarterly earnings data on Thursday. The company reported $0.06 EPS for the quarter, FiscalAI reports.

YHN Acquisition I Trading Down 2.0%

YHNA stock opened at $10.59 on Friday. YHN Acquisition I has a 1 year low of $10.24 and a 1 year high of $11.40. The stock’s fifty day moving average is $10.76 and its two-hundred day moving average is $10.70.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of YHN Acquisition I in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, YHN Acquisition I currently has an average rating of “Sell”.

Institutional Investors Weigh In On YHN Acquisition I

A hedge fund recently bought a new stake in YHN Acquisition I stock. JPMorgan Chase & Co. acquired a new stake in shares of YHN Acquisition I Limited (NASDAQ:YHNA) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 344,106 shares of the company’s stock, valued at approximately $3,599,000. JPMorgan Chase & Co. owned approximately 4.32% of YHN Acquisition I as of its most recent SEC filing.

YHN Acquisition I Company Profile

YH Acquisition I Co is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker YHNA. As a blank?check vehicle, the company was formed to effect one or more business combinations, mergers, share exchanges or similar transactions with one or more operating businesses or assets. It does not have operations of its own and holds its proceeds in a trust account until completion of a qualifying transaction.

The firm’s sponsor, YH Capital Partners, brings experience in growth capital and private equity investing across technology, consumer, and industrial sectors.