Tortilla Mexican Grill (LON:MEX) Hits New 1-Year High – Time to Buy?

Tortilla Mexican Grill plc (LON:MEX) shares reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 65 and last traded at GBX 65, with a volume of 222908 shares changing hands. The stock had previously closed at GBX 62.

Tortilla Mexican Grill Price Performance

The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 1,811.84. The company has a market cap of £25.13 million, a PE ratio of -4.89 and a beta of -0.09. The stock has a 50-day simple moving average of GBX 47.65 and a 200 day simple moving average of GBX 42.82.

Tortilla Mexican Grill Company Profile

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.