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

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

Perceptive Capital Solutions Price Performance

NASDAQ:PCSC traded down $0.11 during trading hours on Thursday, hitting $11.18. The company’s stock had a trading volume of 55,996 shares, compared to its average volume of 50,823. Perceptive Capital Solutions has a twelve month low of $10.23 and a twelve month high of $14.47. The stock has a fifty day simple moving average of $13.29 and a 200-day simple moving average of $11.87. The company has a market capitalization of $99.62 million, a P/E ratio of 79.86 and a beta of -0.02.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Perceptive Capital Solutions in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. J. Goldman & Co LP bought a new stake in shares of Perceptive Capital Solutions during the 4th quarter valued at approximately $2,867,000. ADAR1 Capital Management LLC increased its position in Perceptive Capital Solutions by 160.9% during the 4th quarter. ADAR1 Capital Management LLC now owns 1,956,720 shares of the company’s stock worth $25,496,000 after purchasing an additional 1,206,720 shares in the last quarter. Farallon Capital Management LLC bought a new position in Perceptive Capital Solutions in the 4th quarter valued at approximately $29,318,000. One Fin Capital Management LP bought a new position in Perceptive Capital Solutions in the 4th quarter valued at approximately $5,691,000. Finally, Sculptor Capital LP boosted its position in Perceptive Capital Solutions by 0.5% in the second quarter. Sculptor Capital LP now owns 415,090 shares of the company’s stock valued at $4,408,000 after buying an additional 2,243 shares in the last quarter.

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.