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Cortexyme (NASDAQ:CRTX) Share Price Crosses Above 200 Day Moving Average - Here's What Happened

Cortexyme logo with Medical background

Shares of Cortexyme, Inc. (NASDAQ:CRTX - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.27 and traded as high as $1.69. Cortexyme shares last traded at $1.67, with a volume of 132,622 shares changing hands.

Cortexyme Stock Performance

The company has a market capitalization of $43.12 million, a P/E ratio of -0.48 and a beta of 1.40. The stock's fifty day moving average price is $1.79 and its 200-day moving average price is $1.29.

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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