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Cortexyme (NASDAQ:CRTX) Shares Cross Above 200-Day Moving Average - Time to Sell?

Cortexyme logo with Medical background

Cortexyme, Inc. (NASDAQ:CRTX - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.37 and traded as high as $1.89. Cortexyme shares last traded at $1.78, with a volume of 310,693 shares trading hands.

Cortexyme Trading Up 3.3%

The business has a fifty day simple moving average of $1.31 and a 200 day simple moving average of $1.37. The stock has a market capitalization of $56.99 million, a P/E ratio of -0.64 and a beta of 1.40.

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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