DLD Asset Management LP Purchases Shares of 126,083 Perceptive Capital Solutions Corp. $PCSC

DLD Asset Management LP acquired a new stake in Perceptive Capital Solutions Corp. (NASDAQ:PCSC) in the first quarter, HoldingsChannel reports. The institutional investor acquired 126,083 shares of the company’s stock, valued at approximately $1,383,000.

Other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC bought a new position in shares of Perceptive Capital Solutions during the 4th quarter worth about $138,000. Readystate Asset Management LP acquired a new stake in shares of Perceptive Capital Solutions during the 4th quarter valued at about $143,000. Periscope Capital Inc. bought a new stake in Perceptive Capital Solutions in the fourth quarter valued at about $261,000. Rangeley Capital LLC bought a new stake in Perceptive Capital Solutions in the second quarter valued at about $212,000. Finally, Moore Capital Management LP acquired a new position in Perceptive Capital Solutions in the fourth quarter worth about $326,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Perceptive Capital Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Perceptive Capital Solutions Price Performance

Shares of PCSC stock opened at $11.95 on Thursday. The stock’s fifty day simple moving average is $11.22 and its 200 day simple moving average is $11.90. Perceptive Capital Solutions Corp. has a one year low of $9.95 and a one year high of $14.47. The firm has a market cap of $97.48 million, a price-to-earnings ratio of -199.13 and a beta of 0.36.

Perceptive Capital Solutions (NASDAQ:PCSC) last released its quarterly earnings data on Wednesday, July 15th. The company reported ($0.01) earnings per share (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.