YHN Acquisition I (NASDAQ:YHNA) Releases Earnings Results

by · The Cerbat Gem

YHN Acquisition I (NASDAQ:YHNA – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.07 earnings per share for the quarter, FiscalAI reports.

YHN Acquisition I Stock Up 0.4%

NASDAQ:YHNA traded up $0.04 on Friday, hitting $11.00. The stock had a trading volume of 66 shares, compared to its average volume of 2,040. The business’s fifty day moving average is $10.93 and its 200 day moving average is $10.81. YHN Acquisition I has a 52 week low of $10.45 and a 52 week high of $11.40.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of YHN Acquisition I in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Analysis on YHNA

Institutional Trading of YHN Acquisition I

A hedge fund recently bought a new stake in YHN Acquisition I stock. JPMorgan Chase & Co. acquired a new position in shares of YHN Acquisition I Limited (NASDAQ:YHNA – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 344,106 shares of the company’s stock, valued at approximately $3,599,000. JPMorgan Chase & Co. owned about 4.31% of YHN Acquisition I at the end of the most recent quarter.

YHN Acquisition I Company Profile

(Get Free Report)

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.

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