Cortexyme (NASDAQ:CRTX) Stock Price Up 4.1% – Here’s Why

Cortexyme, Inc. (NASDAQ:CRTXGet Free Report) shares rose 4.1% on Wednesday . The stock traded as high as $2.11 and last traded at $2.05. Approximately 184,975 shares were traded during trading, a decline of 70% from the average daily volume of 620,672 shares. The stock had previously closed at $1.97.

Cortexyme Stock Down 0.5 %

The company has a market capitalization of $61.21 million, a PE ratio of -0.68 and a beta of 1.40. The company’s 50 day moving average is $1.50 and its two-hundred day moving average is $1.00.

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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