Tortilla Mexican Grill (LON:MEX) Sets New 1-Year High – Here’s What Happened

Tortilla Mexican Grill plc (LON:MEX)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 70 and last traded at GBX 69.50, with a volume of 40512 shares traded. The stock had previously closed at GBX 67.90.

Tortilla Mexican Grill Stock Performance

The company’s 50-day simple moving average is GBX 55.14 and its 200 day simple moving average is GBX 45.06. The stock has a market cap of £26.87 million, a P/E ratio of -5.23 and a beta of -0.09. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 1,811.84.

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.