Tortilla Mexican Grill (LON:MEX) Trading Up 4% – Time to Buy?

Shares of Tortilla Mexican Grill plc (LON:MEX) shot up 4% during mid-day trading on Friday . The company traded as high as GBX 39 and last traded at GBX 39. 88,953 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 141,199 shares. The stock had previously closed at GBX 37.50.

Tortilla Mexican Grill Price Performance

The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 1,811.84. The firm has a market capitalization of £15.08 million, a price-to-earnings ratio of -2.93 and a beta of -0.09. The company’s 50 day moving average is GBX 37.13 and its 200-day moving average is GBX 40.61.

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

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.