Tortilla Mexican Grill (LON:MEX) Posts Quarterly Earnings Results

Tortilla Mexican Grill (LON:MEX) issued its quarterly earnings results on Tuesday. The company reported GBX (4.10) EPS for the quarter, Digital Look Earnings reports. Tortilla Mexican Grill had a negative net margin of 20.42% and a positive return on equity of 166.34%.

Tortilla Mexican Grill Trading Down 1.2%

Shares of Tortilla Mexican Grill stock opened at GBX 72.12 on Tuesday. The stock has a market capitalization of £27.88 million, a P/E ratio of -1.84 and a beta of 0.16. Tortilla Mexican Grill has a 52-week low of GBX 34 and a 52-week high of GBX 83.50. The company has a debt-to-equity ratio of -303.60, a quick ratio of 0.50 and a current ratio of 0.20. The stock’s 50-day simple moving average is GBX 72.14 and its 200 day simple moving average is GBX 73.64.

Insider Buying and Selling at Tortilla Mexican Grill

In other Tortilla Mexican Grill news, insider Duncan Garrood bought 16,959 shares of Tortilla Mexican Grill stock in a transaction dated Thursday, July 30th. The stock was purchased at an average price of GBX 75 per share, for a total transaction of £12,719.25. 33.39% of the stock is owned by insiders.

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.