Tortilla Mexican Grill (LON:MEX) Hits New 1-Year High – Should You Buy?

Tortilla Mexican Grill plc (LON:MEX) shares hit a new 52-week high on Friday . The stock traded as high as GBX 54 and last traded at GBX 53, with a volume of 61767 shares changing hands. The stock had previously closed at GBX 50.

Tortilla Mexican Grill Stock 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 cap of £20.49 million, a P/E ratio of -3.98 and a beta of -0.09. The business’s fifty day simple moving average is GBX 40.68 and its 200-day simple moving average is GBX 41.44.

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.