Symbols / FMX Stock $118.24 +5.56% Fomento Económico Mexicano, S.A.B. de C.V.

Consumer Defensive • Beverages - Brewers • Mexico • NYQ
FMX (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Consumer Defensive
Industry Beverages - Brewers
CEO Mr. Jose Antonio Fernandez Garza-Laguera
Exch · Country NYQ · Mexico
Market Cap 40.28B
Enterprise Value 602.52B
Income 17.86B
Sales 840.95B
FCF (ttm) 31.34B
Book/sh 40.53
Cash/sh 36.90
Employees 368,776
Insider 10d
IPO May 11, 1998
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 228.39%
P/E 45.13
Forward P/E 22.19
PEG
P/S 0.05
P/B 2.92
P/C
EV/EBITDA 6.30
EV/Sales 0.72
Quick Ratio 0.98
Current Ratio 1.35
Debt/Eq 78.20
LT Debt/Eq
EPS (ttm) 2.62
EPS next Y 5.33
EPS Growth 63.50%
Revenue Growth 5.50%
EPS Gr Q/Q 58.60%
Rev Gr Q/Q
Earnings (next) 2026-04-30
Earnings (prior) 2026-02-25
ROA 5.20%
ROE 8.86%
ROIC
Gross Margin 40.62%
Oper. Margin 9.52%
Profit Margin 2.31%
Shs Outstand 340.68M
Shs Float 3.47B
Insider Own 0.00%
Instit Own 47.47%
Short Float
Short Ratio 1.58
Short Interest 781.49K
52W High 119.21
vs 52W High -0.81%
52W Low 83.08
vs 52W Low 42.32%
Beta 0.18
Impl. Vol. 41.04%
Rel Volume 2.27
Avg Volume 403.97K
Volume 918.88K
Target (mean) $121.16
Tgt Median $118.00
Tgt Low $106.00
Tgt High $142.00
# Analysts 15
Recom Buy
Prev Close $112.01
Price $118.24
Change 5.56%
About

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. The company operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. It produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. The company also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, Brazil, and the United States under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, Sana Sana, YZA, La Moderna, and Farmacon names. In addition, the company provides transport logistics and maintenance services in Mexico, Brazil, and Colombia; processes electronic transactions for small and medium-sized businesses under the Spin name; and engages in the proximity discount grocery business under the Bara name. Further, it operates small-box retail and foodvenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.– brands. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$118.24
Low
$106.00
High
$142.00
Mean
$121.16

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-20 main JP Morgan Neutral → Neutral $117
2026-03-20 main UBS Buy → Buy $122
2026-03-03 main Barclays Equal-Weight → Equal-Weight $118
2026-02-11 main Goldman Sachs Buy → Buy $128
2026-02-10 main Barclays Equal-Weight → Equal-Weight $116
2025-11-03 main Barclays Equal-Weight → Equal-Weight $105
2025-10-20 main JP Morgan Neutral → Neutral $102
2025-09-19 up UBS Neutral → Buy $111
2025-09-15 main JP Morgan Neutral → Neutral $96
2025-09-09 up Citigroup Neutral → Buy $97
2025-08-19 down Morgan Stanley Overweight → Equal-Weight $97
2025-07-31 main Barclays Equal-Weight → Equal-Weight $107
2025-07-10 main UBS Neutral → Neutral $115
2025-05-15 main UBS Neutral → Neutral $112
2025-05-12 main Barclays Equal-Weight → Equal-Weight $108
2025-04-07 up Itau BBA Market Perform → Outperform
2025-03-14 main UBS Neutral → Neutral $107
2025-03-04 main Barclays Equal-Weight → Equal-Weight $102
2025-01-28 main Goldman Sachs Buy → Buy $98
2024-10-30 main Barclays Overweight → Overweight $118
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
840,954.00
+7.60%
781,585.00
+11.23%
702,692.00
+17.70%
597,008.00
Operating Revenue
834,390.00
+7.59%
775,551.00
+10.85%
699,640.00
+17.48%
595,543.00
Cost Of Revenue
499,378.00
+8.54%
460,072.00
+8.72%
423,185.00
+19.04%
355,490.00
Reconciled Cost Of Revenue
499,378.00
+8.54%
460,072.00
+8.72%
423,185.00
+19.04%
355,490.00
Gross Profit
341,576.00
+6.24%
321,513.00
+15.03%
279,507.00
+15.73%
241,518.00
Operating Expense
269,421.00
+7.29%
251,106.00
+13.03%
222,149.00
+24.88%
177,886.00
Selling General And Administration
268,696.00
+7.01%
251,092.00
+13.60%
221,039.00
+24.58%
177,432.00
Selling And Marketing Expense
229,324.00
+8.19%
211,966.00
+12.31%
188,732.00
+26.54%
149,145.00
General And Administrative Expense
39,372.00
+0.63%
39,126.00
+21.11%
32,307.00
+14.21%
28,287.00
Other Gand A
39,372.00
+0.63%
39,126.00
+21.11%
32,307.00
+14.21%
28,287.00
Other Operating Expenses
725.00
+326.47%
170.00
-84.68%
1,110.00
+144.49%
454.00
Total Expenses
768,799.00
+8.10%
711,178.00
+10.20%
645,334.00
+20.99%
533,376.00
Operating Income
72,155.00
+2.48%
70,407.00
+22.75%
57,358.00
-9.86%
63,632.00
EBITDA
115,391.00
-6.52%
123,434.00
+13.22%
109,025.00
+19.16%
91,494.00
Normalized EBITDA
122,858.00
+2.32%
120,069.00
+11.14%
108,038.00
+10.63%
97,659.00
Reconciled Depreciation
44,138.00
+12.28%
39,310.00
+15.56%
34,017.00
+11.43%
30,527.00
EBIT
71,253.00
-15.30%
84,124.00
+12.15%
75,008.00
+23.03%
60,967.00
Total Unusual Items
-7,467.00
-321.90%
3,365.00
+240.93%
987.00
+116.01%
-6,165.00
Total Unusual Items Excluding Goodwill
-7,467.00
-321.90%
3,365.00
+240.93%
987.00
+116.01%
-6,165.00
Special Income Charges
-165.00
+95.48%
-3,647.00
-87.89%
-1,941.00
-846.83%
-205.00
Other Special Charges
-2,176.00
-12.16%
-1,940.00
-2001.96%
102.00
+110.85%
-940.00
Impairment Of Capital Assets
0.00
-100.00%
2,801.00
+124.44%
1,248.00
+49.82%
833.00
Restructuring And Mergern Acquisition
1,616.00
-19.48%
2,007.00
+101.10%
998.00
+345.54%
224.00
Net Income
19,431.00
-27.32%
26,735.00
-59.30%
65,689.00
+174.75%
23,909.00
Pretax Income
52,837.00
-20.60%
66,547.00
+15.10%
57,816.00
+24.35%
46,496.00
Net Non Operating Interest Income Expense
-10,754.00
-89.77%
-5,667.00
-1458.99%
417.00
+104.05%
-10,289.00
Interest Expense Non Operating
18,416.00
+4.77%
17,577.00
+2.24%
17,192.00
+18.80%
14,471.00
Net Interest Income
-10,754.00
-89.77%
-5,667.00
-1458.99%
417.00
+104.05%
-10,289.00
Interest Expense
18,416.00
+4.77%
17,577.00
+2.24%
17,192.00
+18.80%
14,471.00
Interest Income Non Operating
7,662.00
-35.67%
11,910.00
-32.36%
17,609.00
+321.07%
4,182.00
Interest Income
7,662.00
-35.67%
11,910.00
-32.36%
17,609.00
+321.07%
4,182.00
Other Income Expense
-8,564.00
-573.93%
1,807.00
+4307.32%
41.00
+100.60%
-6,847.00
Other Non Operating Income Expenses
-1,097.00
+29.59%
-1,558.00
-64.69%
-946.00
-38.71%
-682.00
Gain On Sale Of Security
-7,302.00
-204.14%
7,012.00
+139.48%
2,928.00
+149.13%
-5,960.00
Gain On Sale Of Business
0.00
Tax Provision
19,860.00
-21.91%
25,433.00
+96.08%
12,971.00
-2.29%
13,275.00
Tax Rate For Calcs
0.00
-1.65%
0.00
+45.32%
0.00
-23.99%
0.00
Tax Effect Of Unusual Items
-2,806.64
-318.24%
1,286.04
+395.43%
259.58
+112.17%
-2,133.09
Net Income Including Noncontrolling Interests
33,053.00
-17.85%
40,236.00
-47.53%
76,677.00
+120.70%
34,743.00
Net Income From Continuing Operation Net Minority Interest
17,857.00
-32.92%
26,620.00
-20.42%
33,451.00
+48.76%
22,486.00
Net Income From Continuing And Discontinued Operation
19,431.00
-27.32%
26,735.00
-59.30%
65,689.00
+174.75%
23,909.00
Net Income Continuous Operations
31,479.00
-21.54%
40,121.00
-9.72%
44,439.00
+33.37%
33,320.00
Net Income Discontinuous Operations
1,574.00
+1268.70%
115.00
-99.64%
32,238.00
+2165.50%
1,423.00
Minority Interests
-13,622.00
-0.90%
-13,501.00
-22.87%
-10,988.00
-1.42%
-10,834.00
Normalized Income
22,517.36
-8.25%
24,541.04
-25.01%
32,723.58
+23.40%
26,517.91
Net Income Common Stockholders
19,431.00
-27.32%
26,735.00
-59.30%
65,689.00
+174.75%
23,909.00
Diluted EPS
49.50
-26.12%
67.00
-63.89%
185.54
+168.17%
69.19
Basic EPS
49.50
-26.67%
67.50
-63.62%
185.54
+168.17%
69.19
Basic Average Shares
333.91
-5.31%
352.64
-1.45%
357.82
+0.00%
357.82
Diluted Average Shares
334.53
-5.32%
353.34
-1.25%
357.82
+0.00%
357.82
Diluted NI Availto Com Stockholders
19,431.00
-27.32%
26,735.00
-59.30%
65,689.00
+174.75%
23,909.00
Earnings From Equity Interest Net Of Tax
-1,498.00
-50.86%
-993.00
-144.58%
-406.00
-510.10%
99.00
Gain On Sale Of PPE
-725.00
+6.93%
-779.00
-291.40%
407.00
+562.50%
-88.00
Other Taxes
0.00
+100.00%
-156.00
0.00
0.00
Total Other Finance Cost
601.00
Line Item Trend 2025-12-31
Total Assets
795,877.00
Current Assets
283,116.00
Cash Cash Equivalents And Short Term Investments
128,022.00
Cash And Cash Equivalents
107,980.00
Cash Equivalents
53,268.00
Cash Financial
54,712.00
Other Short Term Investments
20,042.00
Receivables
78,912.00
Accounts Receivable
43,506.00
Receivables Adjustments Allowances
-3,427.00
Other Receivables
8,127.00
Taxes Receivable
30,215.00
Loans Receivable
87.00
Inventory
69,452.00
Raw Materials
6,417.00
Work In Process
864.00
Finished Goods
62,171.00
Prepaid Assets
4,940.00
Restricted Cash
363.00
Assets Held For Sale Current
0.00
Hedging Assets Current
379.00
Other Current Assets
1,048.00
Total Non Current Assets
512,761.00
Net PPE
290,682.00
Gross PPE
443,687.00
Accumulated Depreciation
-153,005.00
Properties
0.00
Land And Improvements
13,632.00
Buildings And Improvements
39,515.00
Machinery Furniture Equipment
139,773.00
Construction In Progress
29,481.00
Other Properties
78,707.00
Leases
142,579.00
Goodwill And Other Intangible Assets
145,506.00
Goodwill
46,102.00
Other Intangible Assets
99,404.00
Investments And Advances
27,564.00
Long Term Equity Investment
25,726.00
Other Investments
Non Current Accounts Receivable
7,768.00
Non Current Deferred Assets
31,014.00
Non Current Deferred Taxes Assets
31,014.00
Non Current Prepaid Assets
2,207.00
Other Non Current Assets
2,155.00
Total Liabilities Net Minority Interest
466,525.00
Current Liabilities
210,014.00
Payables And Accrued Expenses
172,708.00
Payables
170,918.00
Accounts Payable
93,688.00
Other Payable
59,164.00
Current Accrued Expenses
1,790.00
Employee Benefits
12,902.00
Total Tax Payable
18,066.00
Income Tax Payable
4,647.00
Current Debt And Capital Lease Obligation
35,862.00
Current Debt
20,674.00
Other Current Borrowings
20,674.00
Current Capital Lease Obligation
15,188.00
Other Current Liabilities
1,444.00
Total Non Current Liabilities Net Minority Interest
256,511.00
Long Term Debt And Capital Lease Obligation
221,695.00
Long Term Debt
126,992.00
Long Term Capital Lease Obligation
94,703.00
Long Term Provisions
Tradeand Other Payables Non Current
Non Current Deferred Liabilities
9,423.00
Non Current Deferred Taxes Liabilities
9,423.00
Other Non Current Liabilities
5,840.00
Stockholders Equity
244,982.00
Common Stock Equity
244,982.00
Capital Stock
3,221.00
Common Stock
3,221.00
Share Issued
3,439.68
Ordinary Shares Number
3,432.23
Treasury Shares Number
37.24
Additional Paid In Capital
-17,413.00
Retained Earnings
278,825.00
Gains Losses Not Affecting Retained Earnings
-19,651.00
Minority Interest
84,370.00
Total Equity Gross Minority Interest
329,352.00
Total Capitalization
371,974.00
Working Capital
73,102.00
Invested Capital
392,648.00
Total Debt
257,557.00
Net Debt
39,686.00
Capital Lease Obligations
109,891.00
Net Tangible Assets
99,476.00
Tangible Book Value
99,476.00
Available For Sale Securities
1,838.00
Current Notes Payable
Derivative Product Liabilities
6,651.00
Duefrom Related Parties Current
26.00
Financial Assets
5,865.00
Financial Assets Designatedas Fair Value Through Profitor Loss Total
0.00
Interest Payable
1,790.00
Investmentin Financial Assets
1,838.00
Investments In Other Ventures Under Equity Method
25,726.00
Line Of Credit
Notes Receivable
378.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
71,080.00
-0.60%
71,510.00
+43.94%
49,679.00
-31.55%
72,576.00
Cash Flow From Continuing Operating Activities
70,895.00
+2.50%
69,168.00
+18.47%
58,385.00
-22.54%
75,379.00
Cash From Discontinued Operating Activities
185.00
-92.10%
2,342.00
+126.90%
-8,706.00
-210.60%
-2,803.00
Net Income From Continuing Operations
52,913.00
-19.42%
65,669.00
-26.75%
89,648.00
+82.44%
49,138.00
Depreciation Amortization Depletion
44,138.00
+12.28%
39,310.00
+15.56%
34,017.00
+11.43%
30,527.00
Depreciation
40,291.00
+14.47%
35,199.00
+10.36%
31,896.00
+14.61%
27,831.00
Amortization Cash Flow
3,847.00
-6.42%
4,111.00
+93.82%
2,121.00
-21.33%
2,696.00
Depreciation And Amortization
44,138.00
+12.28%
39,310.00
+15.56%
34,017.00
+11.43%
30,527.00
Amortization Of Intangibles
3,847.00
Other Non Cash Items
18,331.00
+144.19%
7,507.00
+252.58%
-4,920.00
-134.34%
14,329.00
Pension And Employee Benefit Expense
1,230.00
+25.13%
983.00
+8.02%
910.00
0.00
Provisionand Write Offof Assets
1,238.00
+5.27%
1,176.00
-13.97%
1,367.00
0.00
Asset Impairment Charge
0.00
-100.00%
2,801.00
+124.44%
1,248.00
+49.82%
833.00
Operating Gains Losses
7,876.00
+159.09%
-13,329.00
+58.26%
-31,935.00
-781.94%
-3,621.00
Gain Loss On Investment Securities
-1,334.00
+67.97%
-4,165.00
+88.55%
-36,381.00
Unrealized Gain Loss On Investment Securities
-1,729.00
-181.98%
2,109.00
+379.32%
440.00
-37.68%
706.00
Net Foreign Currency Exchange Gain Loss
5,747.00
+148.18%
-11,929.00
-221.12%
9,849.00
+164.12%
3,729.00
Gain Loss On Sale Of PPE
735.00
-6.84%
789.00
+111.74%
-6,719.00
-6321.30%
108.00
Change In Working Capital
-24,798.00
-199.13%
-8,290.00
-320.17%
-1,973.00
-211.41%
1,771.00
Change In Receivables
-7,895.00
+19.12%
-9,761.00
+19.50%
-12,125.00
-113.28%
-5,685.00
Changes In Account Receivables
-7,895.00
+19.12%
-9,761.00
+19.50%
-12,125.00
-113.28%
-5,685.00
Change In Inventory
-3,287.00
+51.09%
-6,720.00
-4.32%
-6,442.00
+6.09%
-6,860.00
Change In Payables And Accrued Expense
-9,977.00
-186.17%
11,578.00
+3.59%
11,177.00
-6.90%
12,006.00
Change In Payable
-9,977.00
-186.17%
11,578.00
+3.59%
11,177.00
-6.90%
12,006.00
Change In Account Payable
-9,977.00
-186.17%
11,578.00
+3.59%
11,177.00
-6.90%
12,006.00
Change In Other Working Capital
5.00
Change In Other Current Assets
123.00
+173.33%
45.00
-94.37%
799.00
+274.84%
-457.00
Change In Other Current Liabilities
-3,762.00
-9.62%
-3,432.00
-174.32%
4,618.00
+67.20%
2,762.00
Investing Cash Flow
-2,061.00
+93.78%
-33,122.00
-125.04%
132,292.00
+384.92%
-46,432.00
Cash Flow From Continuing Investing Activities
-2,061.00
+92.38%
-27,042.00
-125.30%
106,866.00
+462.90%
-29,448.00
Cash From Discontinued Investing Activities
0.00
+100.00%
-6,080.00
-123.91%
25,426.00
+249.71%
-16,984.00
Net PPE Purchase And Sale
-37,805.00
+11.69%
-42,810.00
-26.07%
-33,957.00
-17.53%
-28,892.00
Purchase Of PPE
-38,502.00
+11.86%
-43,682.00
-25.47%
-34,814.00
-18.60%
-29,354.00
Sale Of PPE
697.00
-20.07%
872.00
+1.75%
857.00
+85.50%
462.00
Capital Expenditure
-42,047.00
+11.13%
-47,313.00
-24.12%
-38,120.00
-21.12%
-31,472.00
Net Investment Purchase And Sale
17,883.00
22,863.00
Purchase Of Investment
-372.00
+95.74%
-8,740.00
+67.54%
-26,924.00
-4707.86%
-560.00
Sale Of Investment
18,255.00
+10831.14%
167.00
0.00
-100.00%
23,423.00
Net Business Purchase And Sale
14,158.00
-15.50%
16,756.00
-89.54%
160,245.00
+748.14%
-24,724.00
Purchase Of Business
-229.00
+97.23%
-8,267.00
-52.75%
-5,412.00
+78.11%
-24,724.00
Net Intangibles Purchase And Sale
-3,545.00
+2.37%
-3,631.00
-9.83%
-3,306.00
-56.09%
-2,118.00
Purchase Of Intangibles
-3,545.00
+2.37%
-3,631.00
-9.83%
-3,306.00
-56.09%
-2,118.00
Net Other Investing Changes
-242.00
+62.48%
-645.00
+57.34%
-1,512.00
+46.34%
-2,818.00
Financing Cash Flow
-92,000.00
-9.46%
-84,049.00
+9.19%
-92,552.00
-157.82%
-35,898.00
Cash Flow From Continuing Financing Activities
-92,000.00
-11.15%
-82,773.00
-15.24%
-71,825.00
-107.16%
-34,671.00
Net Issuance Payments Of Debt
-6,275.00
+63.68%
-17,279.00
+58.50%
-41,636.00
-2043.98%
-1,942.00
Issuance Of Debt
11,333.00
+838.94%
1,207.00
-89.26%
11,238.00
-29.12%
15,855.00
Repayment Of Debt
-17,608.00
+4.75%
-18,486.00
+65.04%
-52,874.00
-197.10%
-17,797.00
Long Term Debt Issuance
11,333.00
+838.94%
1,207.00
-89.26%
11,238.00
-29.12%
15,855.00
Long Term Debt Payments
-17,608.00
+4.75%
-18,486.00
+65.04%
-52,874.00
-197.10%
-17,797.00
Net Long Term Debt Issuance
-6,275.00
+63.68%
-17,279.00
+58.50%
-41,636.00
-2043.98%
-1,942.00
Net Common Stock Issuance
-12,364.00
+39.13%
-20,311.00
0.00
0.00
Common Stock Payments
-12,364.00
+39.13%
-20,311.00
0.00
0.00
Cash Dividends Paid
-49,925.00
-99.06%
-25,080.00
-33.42%
-18,798.00
-7.38%
-17,506.00
Repurchase Of Capital Stock
-12,364.00
+39.13%
-20,311.00
0.00
0.00
Net Other Financing Charges
-6,379.00
-61.62%
-3,947.00
-166.74%
5,914.00
+472.42%
-1,588.00
Changes In Cash
-22,981.00
+49.67%
-45,661.00
-151.06%
89,419.00
+1016.74%
-9,754.00
Effect Of Exchange Rate Changes
-8,873.00
-145.72%
19,406.00
+350.53%
-7,746.00
-83.82%
-4,214.00
Beginning Cash Position
139,834.00
-15.31%
165,112.00
+97.88%
83,439.00
-14.34%
97,407.00
End Cash Position
107,980.00
-22.78%
139,834.00
-15.31%
165,112.00
+97.88%
83,439.00
Free Cash Flow
29,033.00
+19.99%
24,197.00
+109.33%
11,559.00
-71.88%
41,104.00
Dividends Received CFI
23.00
+21.05%
19.00
-99.45%
3,449.00
+32.55%
2,602.00
Earnings Losses From Equity Investments
1,498.00
+50.86%
993.00
+144.58%
406.00
+105.44%
-7,458.00
Interest Paid CFF
-17,057.00
-5.58%
-16,156.00
+6.64%
-17,305.00
-26.92%
-13,635.00
Interest Received CFI
7,467.00
-36.94%
11,842.00
+33.49%
8,871.00
+143.78%
3,639.00
Other Cash Adjustment Outside Changein Cash
0.00
-100.00%
977.00
0.00
0.00
Sale Of Business
14,387.00
-42.50%
25,023.00
-84.89%
165,657.00
0.00
Taxes Refund Paid
-27,074.00
+2.56%
-27,785.00
+5.84%
-29,507.00
-61.21%
-18,304.00
Cash From Discontinued Financing Activities
0.00
+100.00%
-1,276.00
+93.84%
-20,727.00
-1589.24%
-1,227.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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