Perceptive Capital Solutions (NASDAQ:PCSC) Trading 0.3% Higher – Should You Buy?

Perceptive Capital Solutions Corp (NASDAQ:PCSC)’s share price rose 0.3% during mid-day trading on Tuesday . The company traded as high as $10.24 and last traded at $10.22. Approximately 1,000 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 12,925 shares. The stock had previously closed at $10.18.

Perceptive Capital Solutions Stock Performance

The stock’s 50-day moving average price is $10.17 and its 200-day moving average price is $10.10.

Hedge Funds Weigh In On Perceptive Capital Solutions

An institutional investor recently raised its position in Perceptive Capital Solutions stock. FNY Investment Advisers LLC boosted its holdings in shares of Perceptive Capital Solutions Corp (NASDAQ:PCSC) by 233.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the company’s stock after acquiring an additional 70,000 shares during the period. FNY Investment Advisers LLC owned about 1.12% of Perceptive Capital Solutions worth $1,018,000 at the end of the most recent reporting period.

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.