Cortexyme (NASDAQ:CRTX) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.24 and traded as high as $1.64. Cortexyme shares last traded at $1.64, with a volume of 27,429 shares traded.

Cortexyme Stock Up 0.6 %

The stock has a market capitalization of $48.54 million, a price-to-earnings ratio of -0.54 and a beta of 1.40. The business’s 50-day moving average is $1.85 and its two-hundred day moving average is $1.24.

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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