YHN Acquisition I (NASDAQ:YHNA) Stock Price Down 0.3% – Here’s Why

YHN Acquisition I Limited (NASDAQ:YHNA) traded down 0.3% during trading on Thursday . The company traded as low as $10.99 and last traded at $10.7640. 115 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,004 shares. The stock had previously closed at $10.80.

Wall Street Analyst Weigh In

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

YHN Acquisition I Price Performance

The stock has a fifty day simple moving average of $10.77 and a 200-day simple moving average of $10.70.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YHN Acquisition I stock. JPMorgan Chase & Co. purchased a new stake in YHN Acquisition I Limited (NASDAQ:YHNA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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.

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.