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Cortexyme (NASDAQ:CRTX) Stock Crosses Above 200-Day Moving Average - Should You Sell?

Cortexyme logo with Medical background

Cortexyme, Inc. (NASDAQ:CRTX - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.82 and traded as high as $1.73. Cortexyme shares last traded at $1.70, with a volume of 522,822 shares changing hands.

Cortexyme Stock Up 10.4 %

The firm has a 50 day moving average of $0.90 and a 200 day moving average of $0.82. The firm has a market cap of $51.26 million, a PE ratio of -0.57 and a beta of 1.40.

About Cortexyme

(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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