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

Cortexyme logo with Medical background

Cortexyme, Inc. (NASDAQ:CRTX - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.12 and traded as high as $1.95. Cortexyme shares last traded at $1.95, with a volume of 118,865 shares traded.

Cortexyme Stock Up 2.1 %

The company's 50-day simple moving average is $1.84 and its 200-day simple moving average is $1.13. The stock has a market cap of $60.00 million, a price-to-earnings ratio of -0.67 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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