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

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.31 and traded as high as $1.48. Cortexyme shares last traded at $1.40, with a volume of 44,182 shares trading hands.

Cortexyme Trading Down 1.4 %

The business has a fifty day moving average price of $1.74 and a two-hundred day moving average price of $1.31. The firm has a market capitalization of $42.21 million, a PE ratio of -0.47 and a beta of 1.40.

Cortexyme Company Profile

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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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