YHN Acquisition I (NASDAQ:YHNA) Releases Quarterly Earnings Results

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

YHN Acquisition I Stock Performance

Shares of NASDAQ:YHNA traded up $0.04 during trading on Friday, reaching $11.00. The stock had a trading volume of 66 shares, compared to its average volume of 2,038. The business has a fifty day moving average price of $10.92 and a 200-day moving average price of $10.81. YHN Acquisition I has a 1-year low of $10.45 and a 1-year high of $11.40.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed 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 data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

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

About YHN Acquisition I

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.