Cortexyme (NASDAQ:CRTX) Stock Passes Above 200-Day Moving Average of $1.12

Shares of Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.12 and traded as high as $1.12. Cortexyme shares last traded at $1.07, with a volume of 96,565 shares trading hands.

Cortexyme Stock Performance

The business has a 50 day simple moving average of $1.16 and a 200-day simple moving average of $1.12. The firm has a market cap of $32.26 million, a price-to-earnings ratio of -0.36 and a beta of 1.40.

About Cortexyme

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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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