Cortexyme (NASDAQ:CRTX) Stock Crosses 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 Friday . The stock has a two hundred day moving average of $1.06 and traded as high as $1.74. Cortexyme shares last traded at $1.71, with a volume of 141,555 shares.

Cortexyme Stock Down 2.8 %

The firm has a market cap of $51.56 million, a price-to-earnings ratio of -0.58 and a beta of 1.40. The firm has a fifty day moving average price of $1.69 and a 200-day moving average price of $1.06.

Cortexyme Company Profile

(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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