Tortilla Mexican Grill (LON:MEX) Shares Down 6.8% – Should You Sell?

Tortilla Mexican Grill plc (LON:MEX)’s stock price traded down 6.8% during mid-day trading on Tuesday . The company traded as low as GBX 64 and last traded at GBX 68. 1,348,388 shares traded hands during trading, an increase of 1,929% from the average session volume of 66,461 shares. The stock had previously closed at GBX 73.

Tortilla Mexican Grill Stock Down 0.7%

The firm has a market cap of £28.61 million, a price-to-earnings ratio of -5.56 and a beta of 0.18. The company has a debt-to-equity ratio of -2,012.63, a current ratio of 0.31 and a quick ratio of 0.50. The stock has a 50-day moving average of GBX 74.91 and a 200-day moving average of GBX 58.58.

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.