Tortilla Mexican Grill (LON:MEX) Reaches New 52-Week High – Should You Buy?

Shares of Tortilla Mexican Grill plc (LON:MEX) reached a new 52-week high on Monday . The company traded as high as GBX 55 and last traded at GBX 51.22, with a volume of 84641 shares changing hands. The stock had previously closed at GBX 53.

Tortilla Mexican Grill Trading Down 3.4%

The firm has a market capitalization of £19.80 million, a P/E ratio of -3.85 and a beta of -0.09. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 1,811.84. The stock has a 50 day simple moving average of GBX 42.30 and a 200-day simple moving average of GBX 41.79.

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.