Perceptive Capital Solutions (NASDAQ:PCSC) Announces Earnings Results

Perceptive Capital Solutions (NASDAQ:PCSC) released its earnings results on Wednesday. The company reported ($0.01) earnings per share for the quarter, FiscalAI reports.

Perceptive Capital Solutions Trading Up 1.1%

Shares of PCSC stock opened at $12.00 on Friday. Perceptive Capital Solutions has a twelve month low of $9.95 and a twelve month high of $14.47. The company’s 50-day moving average price is $11.17 and its 200-day moving average price is $11.93. The stock has a market cap of $106.92 million, a price-to-earnings ratio of -199.97 and a beta of 0.36.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Perceptive Capital Solutions

A number of institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC purchased a new stake in shares of Perceptive Capital Solutions in the 4th quarter valued at approximately $138,000. Readystate Asset Management LP acquired a new position in Perceptive Capital Solutions in the fourth quarter valued at approximately $143,000. Periscope Capital Inc. acquired a new position in Perceptive Capital Solutions in the fourth quarter valued at approximately $261,000. Rangeley Capital LLC purchased a new position in Perceptive Capital Solutions in the second quarter worth approximately $212,000. Finally, Moore Capital Management LP purchased a new position in Perceptive Capital Solutions in the fourth quarter worth approximately $326,000.

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.