BIT Capital GmbH purchased a new stake in shares of Perceptive Capital Solutions Corp. (NASDAQ:PCSC – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 740,264 shares of the company’s stock, valued at approximately $9,646,000. BIT Capital GmbH owned 8.31% of Perceptive Capital Solutions as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC bought a new stake in Perceptive Capital Solutions during the fourth quarter valued at about $138,000. Radcliffe Capital Management L.P. bought a new stake in Perceptive Capital Solutions during the third quarter valued at about $128,000. Periscope Capital Inc. bought a new stake in Perceptive Capital Solutions during the fourth quarter valued at about $261,000. Rangeley Capital LLC bought a new stake in Perceptive Capital Solutions during the second quarter valued at about $212,000. Finally, Aberdeen Group plc bought a new stake in Perceptive Capital Solutions during the fourth quarter valued at about $4,512,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Perceptive Capital Solutions in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.
Perceptive Capital Solutions Trading Down 1.1%
PCSC opened at $11.11 on Friday. The firm has a market cap of $98.99 million, a P/E ratio of 555.50 and a beta of 0.34. Perceptive Capital Solutions Corp. has a 12 month low of $10.54 and a 12 month high of $14.47. The stock has a 50-day moving average of $11.13 and a 200 day moving average of $12.06.
Perceptive Capital Solutions (NASDAQ:PCSC – Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported ($0.06) EPS for the quarter.
About Perceptive Capital Solutions
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.
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