Cortexyme (NASDAQ:CRTX) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of 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 $1.02 and traded as high as $2.00. Cortexyme shares last traded at $1.85, with a volume of 168,423 shares trading hands.

Cortexyme Stock Performance

The company has a 50-day moving average price of $1.61 and a 200-day moving average price of $1.03. The firm has a market capitalization of $53.67 million, a P/E ratio of -0.60 and a beta of 1.40.

About Cortexyme

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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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