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

Perceptive Capital Solutions (NASDAQ:PCSC) posted its earnings results on Thursday. The company reported ($0.06) earnings per share for the quarter, FiscalAI reports.

Perceptive Capital Solutions Stock Performance

Shares of Perceptive Capital Solutions stock traded down $0.08 during trading on Friday, reaching $11.10. The company’s stock had a trading volume of 72,396 shares, compared to its average volume of 30,939. Perceptive Capital Solutions has a one year low of $10.23 and a one year high of $14.47. The firm has a market cap of $98.90 million, a price-to-earnings ratio of 138.77 and a beta of -0.02. The business’s fifty day moving average price is $13.21 and its 200-day moving average price is $11.86.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Perceptive Capital Solutions in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Trading of Perceptive Capital Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. One Fin Capital Management LP acquired a new stake in Perceptive Capital Solutions during the fourth quarter worth $5,691,000. ADAR1 Capital Management LLC raised its stake in shares of Perceptive Capital Solutions by 160.9% in the 4th quarter. ADAR1 Capital Management LLC now owns 1,956,720 shares of the company’s stock valued at $25,496,000 after buying an additional 1,206,720 shares in the last quarter. Farallon Capital Management LLC bought a new position in shares of Perceptive Capital Solutions during the 4th quarter worth about $29,318,000. Sculptor Capital LP boosted its position in shares of Perceptive Capital Solutions by 0.5% during the 2nd quarter. Sculptor Capital LP now owns 415,090 shares of the company’s stock valued at $4,408,000 after acquiring an additional 2,243 shares in the last quarter. Finally, Alpha Wave Global LP acquired a new stake in shares of Perceptive Capital Solutions during the 4th quarter valued at about $2,282,000.

Perceptive Capital Solutions Company Profile

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.