Tortilla Mexican Grill (LON:MEX) Releases Earnings Results

Tortilla Mexican Grill (LON:MEX) issued its quarterly earnings data on Tuesday. The company reported GBX (4.10) 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 Stock Performance

Tortilla Mexican Grill stock opened at GBX 72 on Thursday. Tortilla Mexican Grill has a fifty-two week low of GBX 34 and a fifty-two week high of GBX 83.50. 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 stock has a market cap of £27.84 million, a P/E ratio of -1.84 and a beta of 0.16. The firm’s fifty day moving average price is GBX 72.16 and its 200-day moving average price is GBX 73.64.

Insider Buying and Selling

In other news, insider Duncan Garrood purchased 16,959 shares of the stock in a transaction on Thursday, July 30th. The shares were acquired at an average price of GBX 75 per share, for a total transaction of £12,719.25. 33.39% of the stock is currently owned by corporate 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.