Tortilla Mexican Grill (LON:MEX) Sets New 12-Month High – Here’s What Happened

Tortilla Mexican Grill plc (LON:MEX)’s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 58 and last traded at GBX 56.25, with a volume of 25098 shares traded. The stock had previously closed at GBX 53.50.

Tortilla Mexican Grill Stock Performance

The firm’s 50 day simple moving average is GBX 45.74 and its 200 day simple moving average is GBX 42.37. The firm has a market cap of £21.75 million, a PE ratio of -4.23 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.

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.