Crcm LP Invests $5.46 Million in Perceptive Capital Solutions Corp. $PCSC

Crcm LP acquired a new position in Perceptive Capital Solutions Corp. (NASDAQ:PCSC) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 419,084 shares of the company’s stock, valued at approximately $5,461,000. Perceptive Capital Solutions makes up 1.8% of Crcm LP’s holdings, making the stock its 9th largest holding.

Several other large investors have also recently modified their holdings of the stock. Sculptor Capital LP increased its holdings in shares of Perceptive Capital Solutions by 0.5% in the second quarter. Sculptor Capital LP now owns 415,090 shares of the company’s stock worth $4,408,000 after buying an additional 2,243 shares during the period. Geode Capital Management LLC purchased a new position in shares of Perceptive Capital Solutions in the fourth quarter worth about $138,000. Radcliffe Capital Management L.P. purchased a new position in shares of Perceptive Capital Solutions in the third quarter worth about $128,000. Rangeley Capital LLC purchased a new position in shares of Perceptive Capital Solutions in the second quarter worth about $212,000. Finally, Periscope Capital Inc. purchased a new position in shares of Perceptive Capital Solutions in the fourth quarter worth about $261,000.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Perceptive Capital Solutions in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Perceptive Capital Solutions Price Performance

Shares of NASDAQ:PCSC opened at $11.40 on Friday. Perceptive Capital Solutions Corp. has a 1 year low of $10.54 and a 1 year high of $14.47. The company has a market cap of $101.57 million, a PE ratio of 570.00 and a beta of 0.34. The stock’s 50-day moving average is $11.16 and its 200 day moving average is $12.08.

Perceptive Capital Solutions (NASDAQ:PCSC) last announced its quarterly earnings results on Thursday, March 12th. The company reported ($0.06) 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.