YHN Acquisition I (NASDAQ:YHNA) Trading 0.2% Higher – Time to Buy?

YHN Acquisition I Limited (NASDAQ:YHNA)’s share price rose 0.2% during trading on Tuesday . The stock traded as high as $10.88 and last traded at $10.88. Approximately 522 shares traded hands during trading, an increase of 66% from the average session volume of 314 shares. The stock had previously closed at $10.86.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of YHN Acquisition I in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

YHN Acquisition I Stock Performance

The company has a fifty day moving average price of $10.81 and a 200-day moving average price of $10.75.

YHN Acquisition I (NASDAQ:YHNA) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Institutional Trading of YHN Acquisition I

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

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.