Insider Buying: Tortilla Mexican Grill (LON:MEX) Insider Purchases £12,719.25 in Stock

Tortilla Mexican Grill plc (LON:MEX) insider Duncan Garrood acquired 16,959 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was acquired at an average cost of GBX 75 per share, for a total transaction of £12,719.25.

Duncan Garrood also recently made the following trade(s):

• On Wednesday, July 29th, Duncan Garrood bought 10,000 shares of Tortilla Mexican Grill stock. The shares were acquired at an average price of GBX 72 per share, with a total value of £7,200.

Tortilla Mexican Grill Stock Up 1.4%

Shares of MEX opened at GBX 75 on Monday. The firm has a market capitalization of £29.00 million, a P/E ratio of -5.64 and a beta of 0.16. Tortilla Mexican Grill plc has a 12-month low of GBX 34 and a 12-month high of GBX 83.50. The firm has a fifty day moving average price of GBX 73.62 and a 200-day moving average price of GBX 70.61. 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 (LON:MEX) last posted its earnings results on Monday, July 27th. The company reported GBX (39.10) EPS for the quarter. Tortilla Mexican Grill had a negative net margin of 4.89% and a negative return on equity of 277.22%. Equities research analysts expect that Tortilla Mexican Grill plc will post 0.393885 earnings per share for the current 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. 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.