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

Tortilla Mexican Grill (LON:MEX) posted its 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 20.42% and a positive return on equity of 166.34%.

Tortilla Mexican Grill Price Performance

Shares of LON:MEX opened at GBX 72.12 on Tuesday. The company has a 50 day moving average of GBX 72.14 and a 200 day moving average of GBX 73.64. The company has a current ratio of 0.20, a quick ratio of 0.50 and a debt-to-equity ratio of -303.60. The stock has a market cap of £27.88 million, a P/E ratio of -1.84 and a beta of 0.16. Tortilla Mexican Grill has a 12 month low of GBX 34 and a 12 month high of GBX 83.50.

Insider Activity at Tortilla Mexican Grill

In other Tortilla Mexican Grill news, insider Duncan Garrood acquired 16,959 shares of the stock in a transaction that occurred on Thursday, July 30th. The shares were bought 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 company 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.