YHN Acquisition I (NASDAQ:YHNA) Announces Earnings Results

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

YHN Acquisition I Stock Up 0.4%

Shares of YHNA opened at $11.00 on Friday. The company has a 50 day simple moving average of $10.93 and a two-hundred day simple moving average of $10.81. YHN Acquisition I has a 1 year low of $10.45 and a 1 year high of $11.40.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of YHN Acquisition I in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock 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 YHN Acquisition I Limited (NASDAQ:YHNA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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.