Cortexyme (NASDAQ:CRTX) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.37 and traded as high as $1.56. Cortexyme shares last traded at $1.54, with a volume of 48,558 shares trading hands.

Cortexyme Trading Up 4.8 %

The stock has a market cap of $46.43 million, a P/E ratio of -0.52 and a beta of 1.40. The company has a 50 day simple moving average of $1.62 and a 200 day simple moving average of $1.37.

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.

See Also

Receive News & Ratings for Cortexyme Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cortexyme and related companies with MarketBeat.com's FREE daily email newsletter.