Tortilla Mexican Grill (LON:MEX) Posts Earnings Results

Tortilla Mexican Grill (LON:MEX) issued its quarterly 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 Price Performance

Shares of MEX stock opened at GBX 72 on Monday. Tortilla Mexican Grill has a 1 year low of GBX 34 and a 1 year high of GBX 83.50. The firm’s 50 day moving average is GBX 73.77 and its 200-day moving average is GBX 69.86. The firm has a market capitalization of £27.84 million, a price-to-earnings ratio of -5.41 and a beta of 0.16. The company has a current ratio of 0.34, a quick ratio of 0.50 and a debt-to-equity ratio of -9,462.07.

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.