Tortilla Mexican Grill (LON:MEX) Trading Down 3.8% – What’s Next?

Tortilla Mexican Grill plc (LON:MEX) traded down 3.8% during mid-day trading on Tuesday . The stock traded as low as GBX 72.50 and last traded at GBX 75.50. 17,939 shares were traded during trading, a decline of 65% from the average session volume of 51,218 shares. The stock had previously closed at GBX 78.50.

Tortilla Mexican Grill Stock Performance

The company has a quick ratio of 0.50, a current ratio of 0.31 and a debt-to-equity ratio of -2,012.63. The company has a fifty day moving average price of GBX 76.14 and a 200 day moving average price of GBX 62.44. The stock has a market cap of £29.19 million, a PE ratio of -5.68 and a beta of 0.16.

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.