Tortilla Mexican Grill (LON:MEX) Releases Quarterly Earnings Results

Tortilla Mexican Grill (LON:MEX) announced its earnings results on Monday. The company reported GBX (39.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tortilla Mexican Grill had a negative return on equity of 277.22% and a negative net margin of 4.89%.

Tortilla Mexican Grill Trading Down 4.0%

Shares of Tortilla Mexican Grill stock opened at GBX 69.10 on Tuesday. Tortilla Mexican Grill has a fifty-two week low of GBX 34 and a fifty-two week high of GBX 83.50. The firm has a market cap of £26.72 million, a PE ratio of -5.20 and a beta of 0.16. The business’s fifty day moving average is GBX 73.75 and its two-hundred day moving average is GBX 70. The company has a quick ratio of 0.50, a current ratio of 0.34 and a debt-to-equity ratio of -9,462.07.

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.