Cortexyme (NASDAQ:CRTX) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.85 and traded as high as $1.88. Cortexyme shares last traded at $1.75, with a volume of 182,325 shares.

Cortexyme Stock Down 1.7 %

The stock’s 50-day moving average price is $1.00 and its 200 day moving average price is $0.85. The firm has a market capitalization of $52.76 million, a price-to-earnings ratio of -0.59 and a beta of 1.40.

About Cortexyme

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Cortexyme, Inc, a clinical stage biopharmaceutical company, focuses on developing therapeutics for Alzheimer's and other degenerative diseases. Its lead drug candidate is atuzaginstat (COR388), an orally administered brain-penetrating small molecule gingipain inhibitor, which is in Phase II/III clinical trial for use in patients with mild to moderate Alzheimer's disease, as well as for the treatment of oral squamous cell carcinoma, periodontitis, and coronavirus infection.

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