Tortilla Mexican Grill (LON:MEX) Trading Down 4.2% – Here’s Why

Tortilla Mexican Grill plc (LON:MEX) shares were down 4.2% during trading on Monday . The company traded as low as GBX 69 and last traded at GBX 69. Approximately 70,718 shares were traded during trading, an increase of 5% from the average daily volume of 67,037 shares. The stock had previously closed at GBX 72.

Tortilla Mexican Grill Trading Down 4.2%

The firm has a market cap of £26.68 million, a PE ratio of -5.19 and a beta of 0.18. The firm has a fifty day simple moving average of GBX 63.31 and a two-hundred day simple moving average of GBX 48.25. The company has a current ratio of 0.31, a quick ratio of 0.50 and a debt-to-equity ratio of -2,012.63.

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.