Tortilla Mexican Grill (LON:MEX) Stock Price Up 2.2% – Time to Buy?

Shares of Tortilla Mexican Grill plc (LON:MEX) rose 2.2% during mid-day trading on Tuesday . The company traded as high as GBX 46 ($0.62) and last traded at GBX 46 ($0.62). Approximately 31,704 shares traded hands during trading, a decline of 84% from the average daily volume of 192,930 shares. The stock had previously closed at GBX 45 ($0.61).

Tortilla Mexican Grill Stock Performance

The stock has a 50-day simple moving average of GBX 43.41 and a 200-day simple moving average of GBX 42.09. The company has a debt-to-equity ratio of 1,811.84, a current ratio of 0.50 and a quick ratio of 0.50. The stock has a market cap of £17.79 million, a PE ratio of -25.09 and a beta of -0.09.

Tortilla Mexican Grill (LON:MEX) last issued its earnings results on Wednesday, May 21st. The company reported GBX (8.60) 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 analysts predict that Tortilla Mexican Grill plc will post 0.393885 earnings per share for the current fiscal 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.