Tortilla Mexican Grill (LON:MEX – Get Free Report) announced its earnings results on Tuesday. The company reported GBX (4.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tortilla Mexican Grill had a positive return on equity of 88.49% and a negative net margin of 19.18%.
Tortilla Mexican Grill Trading Up 1.1%
Shares of MEX stock opened at GBX 72.80 on Thursday. Tortilla Mexican Grill has a 1-year low of GBX 34 and a 1-year high of GBX 83.50. The company has a current ratio of 0.26, a quick ratio of 0.50 and a debt-to-equity ratio of -206.87. The stock has a market cap of £28.15 million, a price-to-earnings ratio of -1.86 and a beta of 0.16. The stock has a 50-day moving average of GBX 72.16 and a 200-day moving average of GBX 73.64.
Insider Activity at Tortilla Mexican Grill
In related news, insider Duncan Garrood bought 16,959 shares of Tortilla Mexican Grill stock in a transaction that occurred on Thursday, July 30th. The shares were acquired at an average cost of GBX 75 per share, for a total transaction of £12,719.25. 33.39% of the stock is currently owned by corporate insiders.
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.
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