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

YHN Acquisition I (NASDAQ:YHNA) posted its quarterly earnings results on Tuesday. The company reported $0.06 EPS for the quarter, FiscalAI reports.

YHN Acquisition I Trading Up 0.4%

Shares of YHN Acquisition I stock opened at $10.76 on Thursday. YHN Acquisition I has a 52-week low of $10.20 and a 52-week high of $11.40. The company has a 50 day moving average of $10.70 and a 200 day moving average of $10.63.

Institutional Investors Weigh In On YHN Acquisition I

Several institutional investors have recently modified their holdings of the company. Berkley W R Corp increased its holdings in YHN Acquisition I by 33.7% in the second quarter. Berkley W R Corp now owns 673,553 shares of the company’s stock valued at $6,962,000 after buying an additional 169,637 shares during the last quarter. Mangrove Partners IM LLC acquired a new position in shares of YHN Acquisition I during the 3rd quarter worth about $3,223,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of YHN Acquisition I in the 3rd quarter valued at about $3,599,000.

Wall Street Analysts Forecast Growth

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

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.