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Cortexyme (NASDAQ:CRTX) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Cortexyme logo with Medical background

Shares of Cortexyme, Inc. (NASDAQ:CRTX - Get Free Report) crossed 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 traded.

Cortexyme Stock Performance

The stock has a market cap of $53.07 million, a P/E ratio of -0.59 and a beta of 1.40. The firm has a 50-day moving average price of $1.61 and a 200-day moving average price of $1.03.

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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