Cortexyme (NASDAQ:CRTX) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Shares of Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 changing hands.

Cortexyme Trading Up 3.7 %

The firm has a market capitalization of $58.79 million, a PE ratio of -0.66 and a beta of 1.40. The stock’s 50 day moving average price is $1.82 and its two-hundred day moving average price is $1.12.

Cortexyme Company Profile

(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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