Perceptive Capital Solutions (NASDAQ:PCSC) Issues Quarterly Earnings Results

Perceptive Capital Solutions (NASDAQ:PCSCGet Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share for the quarter, FiscalAI reports.

Perceptive Capital Solutions Stock Up 0.2%

Shares of PCSC stock opened at $11.87 on Thursday. The business has a fifty day simple moving average of $11.15 and a 200 day simple moving average of $11.94. The company has a market cap of $105.77 million, a P/E ratio of 593.50 and a beta of 0.36. Perceptive Capital Solutions has a twelve month low of $9.95 and a twelve month high of $14.47.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Farallon Capital Management LLC acquired a new stake in shares of Perceptive Capital Solutions in the 4th quarter valued at approximately $29,318,000. ADAR1 Capital Management LLC grew its stake in shares of Perceptive Capital Solutions by 160.9% during the fourth quarter. ADAR1 Capital Management LLC now owns 1,956,720 shares of the company’s stock worth $25,496,000 after buying an additional 1,206,720 shares during the last quarter. BIT Capital GmbH bought a new position in shares of Perceptive Capital Solutions in the 4th quarter valued at $9,646,000. 683 Capital Management LLC boosted its holdings in shares of Perceptive Capital Solutions by 28.2% during the 4th quarter. 683 Capital Management LLC now owns 640,894 shares of the company’s stock valued at $8,351,000 after acquiring an additional 140,894 shares in the last quarter. Finally, One Fin Capital Management LP acquired a new position in Perceptive Capital Solutions in the 4th quarter worth about $5,691,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Perceptive Capital Solutions in a research note on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on PCSC

About Perceptive Capital Solutions

(Get Free Report)

Perceptive Capital Solutions Corp is a blank check company. It formed for the purpose of entering into a combination with one or more businesses or entities. Perceptive Capital Solutions Corp is based in NEW YORK.

See Also

Receive News & Ratings for Perceptive Capital Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perceptive Capital Solutions and related companies with MarketBeat.com's FREE daily email newsletter.