Cortexyme (NASDAQ:CRTX) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.06 and traded as high as $1.74. Cortexyme shares last traded at $1.71, with a volume of 141,555 shares traded.

Cortexyme Stock Up 10.3 %

The company’s 50-day moving average price is $1.71 and its 200-day moving average price is $1.07. The firm has a market cap of $58.19 million, a price-to-earnings ratio of -0.65 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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