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

Tortilla Mexican Grill plc (LON:MEX)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 55 and last traded at GBX 55, with a volume of 213215 shares changing hands. The stock had previously closed at GBX 52.

Tortilla Mexican Grill Price Performance

The company has a debt-to-equity ratio of 1,811.84, a quick ratio of 0.50 and a current ratio of 0.50. The business has a 50-day simple moving average of GBX 45.44 and a 200 day simple moving average of GBX 42.37. The firm has a market cap of £20.69 million, a P/E ratio of -4.02 and a beta of -0.09.

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.