Tortilla Mexican Grill (LON:MEX) Trading 4.9% Higher – Here’s Why

Tortilla Mexican Grill plc (LON:MEX) rose 4.9% on Monday . The company traded as high as GBX 45 and last traded at GBX 44.60. Approximately 116,838 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 134,602 shares. The stock had previously closed at GBX 42.50.

Tortilla Mexican Grill Trading Up 4.3%

The stock has a market cap of £18.95 million, a P/E ratio of -3.68 and a beta of -0.09. The company has a debt-to-equity ratio of 1,811.84, a quick ratio of 0.50 and a current ratio of 0.50. The stock has a 50-day moving average price of GBX 38.67 and a 200-day moving average price of GBX 40.99.

Tortilla Mexican Grill (LON:MEX) last posted its quarterly earnings data on Tuesday, September 30th. The company reported GBX (5.30) earnings per share for the quarter. Tortilla Mexican Grill had a negative return on equity of 27.06% and a negative net margin of 1.10%. On average, equities research analysts expect that Tortilla Mexican Grill plc will post 0.393885 EPS for the current year.

About Tortilla Mexican Grill

Tortilla is the largest and most successful fast-casual Mexican restaurant group in the UK, specialising in the sale of freshly made Californian-inspired Mexican cuisine. The Group has more than 80 eat in and takeaway locations across the UK and through nationwide partnerships with SSP Group plc, Compass UK & Ireland, Growth Kitchens & Karma Kitchens. Internationally, Tortilla operates in the Middle East, with 10 stores in Dubai and Saudi Arabia through an exclusive franchise partnership.

The Group was founded in 2007 by Brandon Stephens, originally from California who, upon his arrival in London in 2003, found it difficult to satisfy his desire for quality burritos and tacos.