Perceptive Capital Solutions (NASDAQ:PCSC) Earns "Sell (D-)" Rating from Weiss Ratings

Key Points

• Perceptive Capital Solutions (NASDAQ:PCSC) has been given a "sell (D-)" rating by Weiss Ratings in a recent report, indicating skepticism regarding its performance.
• The stock price of PCSC showed a slight increase of 0.7%, with its 12-month high and low being $10.74 and $10.02 respectively.
• Several institutional investors, including FNY Investment Advisers LLC and Rangeley Capital LLC, have changed their stakes in PCSC, indicating shifting interest from larger investors in the stock.

Perceptive Capital Solutions (NASDAQ:PCSC - Get Free Report)'s stock had its "sell (d-)" rating restated by research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Perceptive Capital Solutions Stock Up 0.7%

PCSC stock opened at $10.68 on Wednesday. Perceptive Capital Solutions has a 12 month low of $10.02 and a 12 month high of $10.74. The firm's 50-day moving average is $10.70 and its 200 day moving average is $10.55.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PCSC. FNY Investment Advisers LLC increased its position in Perceptive Capital Solutions by 10.1% during the 1st quarter. FNY Investment Advisers LLC now owns 110,110 shares of the company's stock valued at $1,134,000 after purchasing an additional 10,110 shares during the period. Fifth Lane Capital LP purchased a new position in Perceptive Capital Solutions during the 1st quarter valued at about $480,000. Berkley W R Corp purchased a new position in Perceptive Capital Solutions during the 2nd quarter valued at about $169,000. Rangeley Capital LLC purchased a new position in Perceptive Capital Solutions during the 2nd quarter valued at about $212,000. Finally, Sculptor Capital LP increased its position in Perceptive Capital Solutions by 0.5% during the 2nd quarter. Sculptor Capital LP now owns 415,090 shares of the company's stock valued at $4,408,000 after purchasing an additional 2,243 shares during the period.

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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