Cortexyme (NASDAQ:CRTX) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.02 and traded as high as $2.00. Cortexyme shares last traded at $1.85, with a volume of 168,423 shares trading hands.

Cortexyme Stock Up 0.5 %

The business’s 50 day moving average is $1.57 and its 200 day moving average is $1.02. The company has a market cap of $55.78 million, a P/E ratio of -0.62 and a beta of 1.40.

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.

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