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

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.80 and traded as high as $1.69. Cortexyme shares last traded at $1.62, with a volume of 2,176,771 shares.

Cortexyme Stock Performance

The company has a market cap of $48.84 million, a P/E ratio of -0.55 and a beta of 1.40. The firm has a 50 day moving average price of $0.78 and a 200-day moving average price of $0.80.

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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