Cortexyme (NASDAQ:CRTX) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.37 and traded as high as $1.56. Cortexyme shares last traded at $1.54, with a volume of 48,558 shares trading hands.

Cortexyme Stock Performance

The firm has a market cap of $45.53 million, a PE ratio of -0.51 and a beta of 1.40. The stock has a 50 day simple moving average of $1.61 and a two-hundred day simple moving average of $1.38.

About Cortexyme

(Get Free Report)

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.

Further Reading

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