Tortilla Mexican Grill (LON:MEX) Trading 0.4% Higher – Time to Buy?

Tortilla Mexican Grill plc (LON:MEX)’s share price rose 0.4% during trading on Wednesday . The company traded as high as GBX 39 ($0.52) and last traded at GBX 37.94 ($0.51). Approximately 271,458 shares traded hands during trading, a decline of 10% from the average daily volume of 301,042 shares. The stock had previously closed at GBX 37.80 ($0.51).

Tortilla Mexican Grill Price Performance

The company has a fifty day simple moving average of GBX 38 and a two-hundred day simple moving average of GBX 45.47. The stock has a market capitalization of £14.67 million, a price-to-earnings ratio of -20.69 and a beta of -0.09. 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.

Tortilla Mexican Grill (LON:MEX) last issued its quarterly earnings results on Wednesday, May 21st. The company reported GBX (8.60) (($0.12)) EPS for the quarter. Tortilla Mexican Grill had a negative return on equity of 27.06% and a negative net margin of 1.10%. As a group, equities research analysts expect that Tortilla Mexican Grill plc will post 0.393885 earnings per share for the current fiscal year.

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.