YHN Acquisition I (NASDAQ:YHNA) Trading Up 0.9% – What’s Next?

YHN Acquisition I Limited (NASDAQ:YHNA)’s stock price traded up 0.9% on Friday . The company traded as high as $10.86 and last traded at $10.96. 405 shares changed hands during trading, an increase of 80% from the average session volume of 226 shares. The stock had previously closed at $10.86.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of YHN Acquisition I in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

YHN Acquisition I Price Performance

The company has a fifty day simple moving average of $10.85 and a two-hundred day simple moving average of $10.78.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YHN Acquisition I stock. JPMorgan Chase & Co. acquired a new stake in shares of YHN Acquisition I Limited (NASDAQ:YHNA) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 344,106 shares of the company’s stock, valued at approximately $3,599,000. JPMorgan Chase & Co. owned about 4.32% of YHN Acquisition I as of its most recent SEC filing.

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.