Tortilla Mexican Grill (LON:MEX – Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX (4.10) earnings per share for the quarter, Digital Look Earnings reports. Tortilla Mexican Grill had a negative net margin of 19.18% and a positive return on equity of 88.49%.
Tortilla Mexican Grill Price Performance
LON MEX opened at GBX 72.10 on Thursday. Tortilla Mexican Grill has a 52-week low of GBX 34 and a 52-week high of GBX 83.50. The company has a market cap of £27.88 million, a PE ratio of -1.84 and a beta of 0.16. The company has a debt-to-equity ratio of -206.87, a quick ratio of 0.50 and a current ratio of 0.26. The firm’s 50 day moving average price is GBX 72.16 and its 200-day moving average price is GBX 73.64.
Insider Buying and Selling at Tortilla Mexican Grill
In related news, insider Duncan Garrood purchased 16,959 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were bought at an average cost of GBX 75 per share, with a total value of £12,719.25. Corporate insiders own 33.39% of the company’s stock.
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.
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