Tortilla Mexican Grill (LON:MEX) Trading Down 4% – Here’s Why

Tortilla Mexican Grill plc (LON:MEX)’s stock price dropped 4% during trading on Thursday . The company traded as low as GBX 34.65 and last traded at GBX 35.05. Approximately 31,370 shares changed hands during trading, a decline of 79% from the average daily volume of 146,348 shares. The stock had previously closed at GBX 36.50.

Tortilla Mexican Grill Trading Down 1.4%

The company has a market cap of £13.53 million, a P/E ratio of -2.63 and a beta of -0.09. The business has a fifty day simple moving average of GBX 38.52 and a 200 day simple moving average of GBX 40.59. The company has a debt-to-equity ratio of 1,811.84, a quick ratio of 0.50 and a current ratio of 0.50.

Tortilla Mexican Grill (LON:MEX) last posted its quarterly earnings results on Tuesday, September 30th. The company reported GBX (5.30) earnings per share (EPS) for the quarter. Tortilla Mexican Grill had a negative net margin of 1.10% and a negative return on equity of 27.06%. Analysts anticipate that Tortilla Mexican Grill plc will post 0.393885 earnings per share 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.