YHN Acquisition I (NASDAQ:YHNA) Announces Earnings Results

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

YHN Acquisition I Stock Performance

Shares of NASDAQ YHNA opened at $10.80 on Friday. The stock has a 50 day simple moving average of $10.76 and a 200-day simple moving average of $10.70. YHN Acquisition I has a 12-month low of $10.24 and a 12-month high of $11.40.

Hedge Funds Weigh In On YHN Acquisition I

An institutional investor recently bought a new position in YHN Acquisition I stock. Mangrove Partners IM LLC acquired a new position in shares of YHN Acquisition I Limited (NASDAQ:YHNA) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 307,818 shares of the company’s stock, valued at approximately $3,223,000. Mangrove Partners IM LLC owned 3.86% of YHN Acquisition I at the end of the most recent quarter.

Analysts Set New Price Targets

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