Insider Buying: Tortilla Mexican Grill (LON:MEX) Insider Buys £7,200 in Stock

Tortilla Mexican Grill plc (LON:MEX) insider Duncan Garrood acquired 10,000 shares of the stock in a transaction on Wednesday, July 29th. The stock was purchased at an average cost of GBX 72 per share, with a total value of £7,200.

Duncan Garrood also recently made the following trade(s):

• On Thursday, July 30th, Duncan Garrood acquired 16,959 shares of Tortilla Mexican Grill stock. The shares were purchased at an average price of GBX 75 per share, for a total transaction of £12,719.25.

Tortilla Mexican Grill Trading Up 1.4%

LON MEX opened at GBX 75 on Monday. The company’s fifty day simple moving average is GBX 73.62 and its 200-day simple moving average is GBX 70.61. Tortilla Mexican Grill plc has a 52 week low of GBX 34 and a 52 week high of GBX 83.50. The company has a current ratio of 0.34, a quick ratio of 0.50 and a debt-to-equity ratio of -9,462.07. The stock has a market cap of £29.00 million, a P/E ratio of -5.64 and a beta of 0.16.

Tortilla Mexican Grill (LON:MEX) last announced its earnings results on Monday, July 27th. The company reported GBX (39.10) earnings per share for the quarter. Tortilla Mexican Grill had a negative net margin of 4.89% and a negative return on equity of 277.22%. Equities research analysts predict that Tortilla Mexican Grill plc will post 0.393885 EPS for the current fiscal 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.