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

Shares of Tortilla Mexican Grill plc (LON:MEX) hit a new 52-week high on Tuesday . The company traded as high as GBX 65 and last traded at GBX 65, with a volume of 222908 shares trading hands. The stock had previously closed at GBX 62.

Tortilla Mexican Grill Price Performance

The stock has a 50 day simple moving average of GBX 47.65 and a two-hundred day simple moving average of GBX 42.82. The company has a debt-to-equity ratio of 1,811.84, a current ratio of 0.50 and a quick ratio of 0.50. The company has a market cap of £25.13 million, a price-to-earnings ratio of -4.89 and a beta of -0.09.

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.