Tortilla Mexican Grill (LON:MEX) Issues Earnings Results

Tortilla Mexican Grill (LON:MEX) released its quarterly earnings data on Tuesday. The company reported GBX (4.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tortilla Mexican Grill had a negative net margin of 19.18% and a positive return on equity of 88.49%.

Tortilla Mexican Grill Stock Performance

LON:MEX traded up GBX 0.50 during mid-day trading on Friday, reaching GBX 73. The company’s stock had a trading volume of 123,464 shares, compared to its average volume of 41,080. The company has a current ratio of 0.26, a quick ratio of 0.50 and a debt-to-equity ratio of -206.87. The stock has a market cap of £28.22 million, a P/E ratio of -1.87 and a beta of 0.16. The firm’s fifty day moving average price is GBX 72.18 and its two-hundred day moving average price is GBX 73.63. Tortilla Mexican Grill has a 12-month low of GBX 34 and a 12-month high of GBX 83.50.

Insider Buying and Selling at Tortilla Mexican Grill

In related news, insider Duncan Garrood bought 16,959 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were bought at an average price of GBX 75 per share, for a total transaction of £12,719.25. 33.39% of the stock is owned by insiders.

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.