Cortexyme, Inc., a clinical stage biopharmaceutical company, focuses on developing therapeutics for Alzheimer's disease and other degenerative disorders. Its lead drug candidate is COR388, an orally-administered brain-penetrating small molecule gingipain inhibitor, which has completed Phase 1a and Phase 1b clinical trials for use in patients with mild to moderate Alzheimer's disease. The company was incorporated in 2012 and is headquartered in South San Francisco, California.
Industry, Sector and Symbol
Industry Biological products, except diagnostic
Sub-IndustryHealth Care Technology
SectorMedical
Phone415-910-5717
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees16
Next Earnings DateN/A
OptionableNot Optionable
Cortexyme (NASDAQ:CRTX) Frequently Asked Questions
What is Cortexyme's stock symbol?
Cortexyme trades on the NASDAQ under the ticker symbol "CRTX."
What price target have analysts set for CRTX?
3 analysts have issued 12 month price targets for Cortexyme's stock. Their forecasts range from $14.00 to $53.00. On average, they expect Cortexyme's stock price to reach $34.25 in the next year. This suggests a possible upside of 57.4% from the stock's current price. View Analyst Price Targets for Cortexyme.
What is the consensus analysts' recommendation for Cortexyme?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cortexyme in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cortexyme.
Has Cortexyme been receiving favorable news coverage?
News stories about CRTX stock have been trending somewhat positive this week, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cortexyme earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the biopharmaceutical company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Cortexyme.
Are investors shorting Cortexyme?
Cortexyme saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 520,300 shares, an increase of 5.5% from the August 15th total of 493,200 shares. Based on an average trading volume of 64,800 shares, the short-interest ratio is presently 8.0 days. Currently, 5.8% of the company's stock are short sold. View Cortexyme's Current Options Chain.
Who are some of Cortexyme's key competitors?
Some companies that are related to Cortexyme include Iovance Biotherapeutics (IOVA), Halozyme Therapeutics (HALO), Acceleron Pharma (XLRN), Crispr Therapeutics (CRSP), Denali Therapeutics (DNLI), Regenxbio (RGNX), Momenta Pharmaceuticals (MNTA), Coherus Biosciences (CHRS), Audentes Therapeutics (BOLD), Orchard Therapeutics (ORTX), Alector (ALEC), Editas Medicine (EDIT), Sangamo Therapeutics (SGMO), Aerie Pharmaceuticals (AERI) and Fate Therapeutics (FATE).
What other stocks do shareholders of Cortexyme own?
Who are Cortexyme's key executives?
Cortexyme's management team includes the folowing people:
- Ms. Casey C. Lynch, Co-Founder, Chairman, Pres & CEO (Age 45)
- Mr. Stephen S. Dominy, Co-Founder, Chief Scientific Officer & Director (Age 63)
- Ms. Kristen Gafric, Co-Founder, Sr. VP of Legal & Admin. and Sec. (Age 43)
- Mr. Christopher P. Lowe, CFO & Treasurer (Age 48)
- Dr. Michael J. Detke, Chief Medical Officer (Age 52)
When did Cortexyme IPO?
(CRTX) raised $75 million in an initial public offering (IPO) on Thursday, May 9th 2019. The company issued 4,400,000 shares at $16.00-$18.00 per share. BofA Merrill Lynch and Credit Suisse acted as the underwriters for the IPO and Canaccord Genuity and JMP Securities were co-managers.
When does Cortexyme's lock-up period expire?
Cortexyme's lock-up period expires on Tuesday, November 5th. Cortexyme had issued 4,412,000 shares in its public offering on May 9th. The total size of the offering was $75,004,000 based on an initial share price of $17.00. After the end of Cortexyme's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
How do I buy shares of Cortexyme?
Shares of CRTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Cortexyme's stock price today?
One share of CRTX stock can currently be purchased for approximately $21.76.
How big of a company is Cortexyme?
What is Cortexyme's official website?
How can I contact Cortexyme?
Cortexyme's mailing address is 269 EAST GRAND AVE, SOUTH SAN FRANCISCO CA, 94080. The biopharmaceutical company can be reached via phone at 415-910-5717 or via email at [email protected]
MarketBeat Community Rating for Cortexyme (NASDAQ CRTX)
MarketBeat's community ratings are surveys of what our community members think about Cortexyme and other stocks. Vote "Outperform" if you believe CRTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
