Symbols / INGR Stock $112.62 -0.51% Ingredion Incorporated

Consumer Defensive • Packaged Foods • United States • NYQ
INGR (Stock) Chart
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About

Ingredion Incorporated, together with its subsidiaries, engages in the manufacture and sale of sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide. The company operates in Texture & Healthful Solutions; Food & Industrial Ingredients–LATAM; and Food & Industrial Ingredients–U.S./CANADA segments. It offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. The company provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for applications in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, and beverages. In addition, the company sells refined corn oil, corn gluten feed, and corn gluten meal; and other products. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

Stock Fundamentals
Scroll to Statements
Market Cap 7.10B Enterprise Value 8.05B Income 729.00M Sales 7.22B Book/sh 67.87 Cash/sh 16.41
Dividend Yield 2.91% Payout 28.98% Employees 11200 IPO P/E 10.07 Forward P/E 9.45
PEG 1.38 P/S 0.98 P/B 1.66 P/C EV/EBITDA 6.38 EV/Sales 1.12
Quick Ratio 1.69 Current Ratio 2.66 Debt/Eq 45.82 LT Debt/Eq EPS (ttm) 11.18 EPS next Y 11.92
EPS Growth 80.10% Revenue Growth -2.40% Earnings 2026-05-05 ROA 8.47% ROE 18.10% ROIC
Gross Margin 25.32% Oper. Margin 13.26% Profit Margin 10.10% Shs Outstand 63.05M Shs Float 62.51M Short Float 4.98%
Short Ratio 3.99 Short Interest 52W High 141.78 52W Low 102.31 Beta 0.69 Avg Volume 679.30K
Volume 508.31K Target Price $127.14 Recom Buy Prev Close $113.20 Price $112.62 Change -0.51%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$127.14
Mean price target
2. Current target
$112.62
Latest analyst target
3. DCF / Fair value
$102.16
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$112.62
Low
$120.00
High
$140.00
Mean
$127.14

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-22 main Oppenheimer Outperform → Outperform $126
2026-04-09 main UBS Neutral → Neutral $122
2026-03-17 init Benchmark — → Buy $130
2026-02-05 main UBS Neutral → Neutral $124
2026-02-04 main Barclays Equal-Weight → Equal-Weight $128
2026-02-04 reit Stephens & Co. Equal-Weight → Equal-Weight $120
2025-11-06 down Barclays Overweight → Equal-Weight $124
2025-11-05 main UBS Neutral → Neutral $119
2025-11-05 main Stephens & Co. Equal-Weight → Equal-Weight $120
2025-11-05 main BMO Capital Market Perform → Market Perform $123
2025-10-06 main UBS Neutral → Neutral $130
2025-07-09 main UBS Neutral → Neutral $151
2025-04-22 main Oppenheimer Outperform → Outperform $155
2025-04-07 down UBS Buy → Neutral $145
2025-02-05 main Oppenheimer Outperform → Outperform $167
2025-02-05 main BMO Capital Market Perform → Market Perform $133
2025-02-05 main Stephens & Co. Equal-Weight → Equal-Weight $150
2024-11-15 main UBS Buy → Buy $173
2024-11-06 main BMO Capital Market Perform → Market Perform $147
2024-11-06 main Barclays Overweight → Overweight $168
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-16 TANDA STEPHAN B Director 380 $0.00 $0
2026-04-15 URIBE JORGE A Director 312 $0.00 $0
2026-04-09 TANDA STEPHAN B Director 1,557 $0.00 $0
2026-03-31 MAGRO CHARLES V. Director 380 $111.92 $42,530
2026-03-31 VERDUIN PATRICIA Director 380 $112.66 $42,811
2026-03-31 JORDAN RHONDA L Director 380 $111.92 $42,530
2026-03-31 WILSON DWAYNE ANDREE Director 380 $112.66 $42,811
2026-03-31 SUEVER CATHERINE A Director 380 $112.66 $42,811
2026-03-31 URIBE JORGE A Director 380 $112.66 $42,811
2026-03-31 URIBE JORGE A Director 0 $112.66 $83
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
7,219.00
-2.84%
7,430.00
-8.95%
8,160.00
+2.69%
7,946.00
Operating Revenue
7,219.00
-2.84%
7,430.00
-8.95%
8,160.00
+2.69%
7,946.00
Cost Of Revenue
5,391.00
-4.40%
5,639.00
-12.04%
6,411.00
-0.64%
6,452.00
Reconciled Cost Of Revenue
5,391.00
-4.40%
5,639.00
-12.04%
6,411.00
-0.64%
6,452.00
Gross Profit
1,828.00
+2.07%
1,791.00
+2.40%
1,749.00
+17.07%
1,494.00
Operating Expense
791.00
+1.28%
781.00
+0.00%
781.00
+7.28%
728.00
Other Operating Expenses
791.00
+1.28%
781.00
+0.00%
781.00
+7.28%
728.00
Total Expenses
6,182.00
-3.71%
6,420.00
-10.73%
7,192.00
+0.17%
7,180.00
Operating Income
1,037.00
+2.67%
1,010.00
+4.34%
968.00
+26.37%
766.00
Total Operating Income As Reported
1,016.00
+15.06%
883.00
-7.73%
957.00
+25.59%
762.00
EBITDA
1,233.00
+4.14%
1,184.00
+1.02%
1,172.00
+19.35%
982.00
Normalized EBITDA
1,254.00
+2.70%
1,221.00
+3.21%
1,183.00
+19.98%
986.00
Reconciled Depreciation
222.00
+3.74%
214.00
-2.28%
219.00
+1.86%
215.00
EBIT
1,011.00
+4.23%
970.00
+1.78%
953.00
+24.25%
767.00
Total Unusual Items
-21.00
+43.24%
-37.00
-236.36%
-11.00
-175.00%
-4.00
Total Unusual Items Excluding Goodwill
-21.00
+43.24%
-37.00
-236.36%
-11.00
-175.00%
-4.00
Special Income Charges
-21.00
+43.24%
-37.00
-236.36%
-11.00
-175.00%
-4.00
Restructuring And Mergern Acquisition
21.00
-83.46%
127.00
+1054.55%
11.00
+175.00%
4.00
Net Income
729.00
+12.67%
647.00
+0.62%
643.00
+30.69%
492.00
Pretax Income
974.00
+4.62%
931.00
+10.97%
839.00
+25.60%
668.00
Net Non Operating Interest Income Expense
-37.00
+5.13%
-39.00
+65.79%
-114.00
-15.15%
-99.00
Interest Expense Non Operating
37.00
-5.13%
39.00
-65.79%
114.00
+15.15%
99.00
Net Interest Income
-37.00
+5.13%
-39.00
+65.79%
-114.00
-15.15%
-99.00
Interest Expense
37.00
-5.13%
39.00
-65.79%
114.00
+15.15%
99.00
Other Income Expense
-26.00
+35.00%
-40.00
-166.67%
-15.00
-1600.00%
1.00
Other Non Operating Income Expenses
-5.00
-66.67%
-3.00
+25.00%
-4.00
-180.00%
5.00
Gain On Sale Of Business
0.00
-100.00%
90.00
0.00
0.00
Tax Rate For Calcs
0.00
-18.12%
0.00
+33.04%
0.00
-10.04%
0.00
Tax Effect Of Unusual Items
-5.12
+53.53%
-11.03
-347.48%
-2.46
-147.39%
-1.00
Net Income Including Noncontrolling Interests
736.00
+12.54%
654.00
+0.46%
651.00
+29.68%
502.00
Net Income From Continuing Operation Net Minority Interest
729.00
+12.67%
647.00
+0.62%
643.00
+30.69%
492.00
Net Income From Continuing And Discontinued Operation
729.00
+12.67%
647.00
+0.62%
643.00
+30.69%
492.00
Net Income Continuous Operations
736.00
+12.54%
654.00
+0.46%
651.00
+29.68%
502.00
Minority Interests
-7.00
+0.00%
-7.00
+12.50%
-8.00
+20.00%
-10.00
Normalized Income
744.88
+10.68%
672.97
+3.29%
651.54
+31.62%
495.00
Net Income Common Stockholders
729.00
+12.67%
647.00
+0.62%
643.00
+30.69%
492.00
Diluted EPS
9.71
+1.15%
9.60
+30.79%
7.34
Basic EPS
9.88
+1.44%
9.74
+31.09%
7.43
Basic Average Shares
65.50
-0.76%
66.00
-0.30%
66.20
Diluted Average Shares
66.60
-0.60%
67.00
+0.00%
67.00
Diluted NI Availto Com Stockholders
729.00
+12.67%
647.00
+0.62%
643.00
+30.69%
492.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
7,897.00
+6.09%
7,444.00
-2.59%
7,642.00
+1.07%
7,561.00
Current Assets
3,505.00
+4.47%
3,355.00
-1.29%
3,399.00
+2.72%
3,309.00
Cash Cash Equivalents And Short Term Investments
1,033.00
+2.48%
1,008.00
+146.45%
409.00
+71.13%
239.00
Cash And Cash Equivalents
1,030.00
+3.31%
997.00
+148.63%
401.00
+69.92%
236.00
Other Short Term Investments
3.00
-72.73%
11.00
+37.50%
8.00
+166.67%
3.00
Receivables
1,185.00
+8.42%
1,093.00
-14.54%
1,279.00
-9.36%
1,411.00
Accounts Receivable
1,031.00
+9.80%
939.00
-17.99%
1,145.00
-4.58%
1,200.00
Gross Accounts Receivable
1,299.00
-9.03%
1,428.00
Allowance For Doubtful Accounts Receivable
-20.00
-17.65%
-17.00
Receivables Adjustments Allowances
-10.00
+23.08%
-13.00
+35.00%
-20.00
-17.65%
-17.00
Other Receivables
164.00
-1.80%
167.00
+8.44%
154.00
-32.46%
228.00
Inventory
1,227.00
+3.37%
1,187.00
-18.14%
1,450.00
-9.20%
1,597.00
Raw Materials
474.00
+11.53%
425.00
-18.89%
524.00
-17.48%
635.00
Finished Goods
753.00
-1.18%
762.00
-17.71%
926.00
-3.74%
962.00
Prepaid Assets
60.00
-10.45%
67.00
-74.33%
261.00
+320.97%
62.00
Total Non Current Assets
4,392.00
+7.41%
4,089.00
-3.63%
4,243.00
-0.21%
4,252.00
Net PPE
2,526.00
+11.57%
2,264.00
-4.47%
2,370.00
-1.54%
2,407.00
Gross PPE
6,253.00
+8.94%
5,740.00
-1.00%
5,798.00
+1.13%
5,733.00
Accumulated Depreciation
-3,727.00
-7.22%
-3,476.00
-1.40%
-3,428.00
-3.07%
-3,326.00
Properties
0.00
0.00
0.00
0.00
Land And Improvements
180.00
+4.05%
173.00
-2.81%
178.00
-10.55%
199.00
Buildings And Improvements
877.00
+6.43%
824.00
-3.40%
853.00
-0.12%
854.00
Machinery Furniture Equipment
5,196.00
+9.55%
4,743.00
-0.50%
4,767.00
+1.86%
4,680.00
Goodwill And Other Intangible Assets
1,269.00
+0.40%
1,264.00
-2.99%
1,303.00
+0.15%
1,301.00
Goodwill
922.00
+1.77%
906.00
-1.31%
918.00
+2.00%
900.00
Other Intangible Assets
347.00
-3.07%
358.00
-7.01%
385.00
-3.99%
401.00
Other Non Current Assets
597.00
+6.42%
561.00
-1.58%
570.00
+4.78%
544.00
Total Liabilities Net Minority Interest
3,531.00
-0.65%
3,554.00
-10.97%
3,992.00
-7.14%
4,299.00
Current Liabilities
1,316.00
+2.73%
1,281.00
-27.71%
1,772.00
-5.84%
1,882.00
Payables And Accrued Expenses
1,082.00
+2.37%
1,057.00
-3.56%
1,096.00
-7.04%
1,179.00
Payables
812.00
+0.00%
812.00
-12.31%
926.00
-4.04%
965.00
Accounts Payable
693.00
+14.74%
604.00
-22.37%
778.00
-10.88%
873.00
Dividends Payable
52.00
+0.00%
52.00
+1.96%
51.00
+8.51%
47.00
Current Accrued Expenses
270.00
+10.20%
245.00
+44.12%
170.00
-20.56%
214.00
Employee Benefits
113.00
+17.71%
96.00
+6.67%
90.00
-10.89%
101.00
Pensionand Other Post Retirement Benefit Plans Current
123.00
+1.65%
121.00
+0.00%
121.00
+8.04%
112.00
Total Tax Payable
67.00
-57.05%
156.00
+60.82%
97.00
+115.56%
45.00
Current Debt And Capital Lease Obligation
111.00
+7.77%
103.00
-79.56%
504.00
-14.72%
591.00
Current Debt
48.00
+9.09%
44.00
-90.18%
448.00
-17.50%
543.00
Other Current Borrowings
48.00
+9.09%
44.00
-63.64%
121.00
-20.92%
153.00
Current Capital Lease Obligation
63.00
+6.78%
59.00
+5.36%
56.00
+16.67%
48.00
Other Current Liabilities
3.00
-94.12%
51.00
Total Non Current Liabilities Net Minority Interest
2,215.00
-2.55%
2,273.00
+2.39%
2,220.00
-8.15%
2,417.00
Long Term Debt And Capital Lease Obligation
1,860.00
-3.73%
1,932.00
+1.85%
1,897.00
-9.06%
2,086.00
Long Term Debt
1,742.00
-2.52%
1,787.00
+2.70%
1,740.00
-10.31%
1,940.00
Long Term Capital Lease Obligation
118.00
-18.62%
145.00
-7.64%
157.00
+7.53%
146.00
Non Current Pension And Other Postretirement Benefit Plans
113.00
+17.71%
96.00
+6.67%
90.00
-10.89%
101.00
Non Current Deferred Liabilities
128.00
-5.88%
136.00
+17.24%
116.00
-20.00%
145.00
Non Current Deferred Taxes Liabilities
128.00
-5.88%
136.00
+17.24%
116.00
-20.00%
145.00
Other Non Current Liabilities
114.00
+4.59%
109.00
-6.84%
117.00
+37.65%
85.00
Common Stock Equity
4,338.00
+12.27%
3,864.00
+7.54%
3,593.00
+12.46%
3,195.00
Capital Stock
1.00
+0.00%
1.00
+0.00%
1.00
+0.00%
1.00
Common Stock
1.00
+0.00%
1.00
+0.00%
1.00
+0.00%
1.00
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
77.80
+0.00%
77.80
-0.01%
77.81
+0.00%
77.81
Ordinary Shares Number
63.00
-2.33%
64.50
-1.13%
65.24
-0.69%
65.69
Treasury Shares Number
14.80
+11.28%
13.30
+5.79%
12.57
+3.76%
12.12
Additional Paid In Capital
1,155.00
+0.26%
1,152.00
+0.52%
1,146.00
+1.24%
1,132.00
Retained Earnings
5,610.00
+10.17%
5,092.00
+9.41%
4,654.00
+10.55%
4,210.00
Gains Losses Not Affecting Retained Earnings
-937.00
+13.72%
-1,086.00
-2.84%
-1,056.00
-0.76%
-1,048.00
Treasury Stock
1,555.00
+14.76%
1,355.00
+12.26%
1,207.00
+5.14%
1,148.00
Minority Interest
28.00
+7.69%
26.00
-54.39%
57.00
-14.93%
67.00
Other Equity Adjustments
-937.00
+13.72%
-1,086.00
-2.84%
-1,056.00
-0.76%
-1,048.00
Total Equity Gross Minority Interest
4,366.00
+12.24%
3,890.00
+6.58%
3,650.00
+11.89%
3,262.00
Total Capitalization
6,080.00
+7.59%
5,651.00
+5.96%
5,333.00
+3.86%
5,135.00
Working Capital
2,189.00
+5.54%
2,074.00
+27.47%
1,627.00
+14.02%
1,427.00
Invested Capital
6,128.00
+7.60%
5,695.00
-1.49%
5,781.00
+1.81%
5,678.00
Total Debt
1,971.00
-3.14%
2,035.00
-15.24%
2,401.00
-10.31%
2,677.00
Net Debt
760.00
-8.87%
834.00
-53.33%
1,787.00
-20.47%
2,247.00
Capital Lease Obligations
181.00
-11.27%
204.00
-4.23%
213.00
+9.79%
194.00
Net Tangible Assets
3,069.00
+18.04%
2,600.00
+13.54%
2,290.00
+20.91%
1,894.00
Tangible Book Value
3,069.00
+18.04%
2,600.00
+13.54%
2,290.00
+20.91%
1,894.00
Commercial Paper
0.00
0.00
-100.00%
327.00
-16.15%
390.00
Other Equity Interest
64.00
+6.67%
60.00
+9.09%
55.00
+14.58%
48.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
944.00
-34.26%
1,436.00
+35.86%
1,057.00
+595.39%
152.00
Cash Flow From Continuing Operating Activities
944.00
-34.26%
1,436.00
+35.86%
1,057.00
+595.39%
152.00
Net Income From Continuing Operations
736.00
+12.54%
654.00
+0.46%
651.00
+29.68%
502.00
Depreciation Amortization Depletion
222.00
+3.74%
214.00
-2.28%
219.00
+1.86%
215.00
Depreciation
189.00
Amortization Cash Flow
26.00
Depreciation And Amortization
222.00
+3.74%
214.00
-2.28%
219.00
+1.86%
215.00
Amortization Of Intangibles
26.00
Other Non Cash Items
43.00
-70.75%
147.00
+38.68%
106.00
+3.92%
102.00
Asset Impairment Charge
10.00
-90.83%
109.00
+990.00%
10.00
0.00
Deferred Tax
6.00
+140.00%
-15.00
-150.00%
-6.00
-100.00%
-3.00
Deferred Income Tax
6.00
+140.00%
-15.00
-150.00%
-6.00
-100.00%
-3.00
Operating Gains Losses
-90.00
Change In Working Capital
-73.00
-117.51%
417.00
+441.56%
77.00
+111.60%
-664.00
Change In Receivables
-51.00
-134.46%
148.00
+92.21%
77.00
+124.84%
-310.00
Changes In Account Receivables
-51.00
-134.46%
148.00
+92.21%
77.00
+124.84%
-310.00
Change In Inventory
3.00
-98.68%
228.00
+230.43%
69.00
+114.74%
-468.00
Change In Payables And Accrued Expense
-27.00
-235.00%
20.00
+125.32%
-79.00
-150.00%
158.00
Change In Other Working Capital
2.00
-90.48%
21.00
+110.00%
10.00
+122.73%
-44.00
Investing Cash Flow
-444.00
-844.68%
-47.00
+85.71%
-329.00
-2.81%
-320.00
Cash Flow From Continuing Investing Activities
-444.00
-844.68%
-47.00
+85.71%
-329.00
-2.81%
-320.00
Net PPE Purchase And Sale
6.00
+200.00%
2.00
-71.43%
7.00
Sale Of PPE
6.00
+200.00%
2.00
-71.43%
7.00
Capital Expenditure
-433.00
-46.78%
-295.00
+6.05%
-314.00
-4.67%
-300.00
Capital Expenditure Reported
-433.00
-46.78%
-295.00
+6.05%
-314.00
-4.67%
-300.00
Net Investment Purchase And Sale
-20.00
-400.00%
-4.00
+55.56%
-9.00
Purchase Of Investment
-20.00
-400.00%
-4.00
+55.56%
-9.00
Net Business Purchase And Sale
12.00
-95.29%
255.00
0.00
+100.00%
-29.00
Purchase Of Business
0.00
0.00
+100.00%
-29.00
Gain Loss On Sale Of Business
0.00
+100.00%
-90.00
0.00
0.00
Net Other Investing Changes
-3.00
+0.00%
-3.00
+50.00%
-6.00
-400.00%
2.00
Financing Cash Flow
-491.00
+35.82%
-765.00
-34.45%
-569.00
-652.43%
103.00
Cash Flow From Continuing Financing Activities
-491.00
+35.82%
-765.00
-34.45%
-569.00
-652.43%
103.00
Net Issuance Payments Of Debt
-44.00
+87.25%
-345.00
-18.15%
-292.00
-167.44%
433.00
Issuance Of Debt
405.00
-47.61%
773.00
+7.36%
720.00
-12.73%
825.00
Repayment Of Debt
-449.00
+43.24%
-791.00
+16.65%
-949.00
-78.38%
-532.00
Long Term Debt Issuance
405.00
-47.61%
773.00
+7.36%
720.00
-12.73%
825.00
Long Term Debt Payments
-449.00
+43.24%
-791.00
+16.65%
-949.00
-78.38%
-532.00
Net Long Term Debt Issuance
-44.00
-144.44%
-18.00
+92.14%
-229.00
-178.16%
293.00
Short Term Debt Issuance
140.00
Net Short Term Debt Issuance
0.00
+100.00%
-327.00
-419.05%
-63.00
-145.00%
140.00
Net Common Stock Issuance
-224.00
-3.70%
-216.00
-113.86%
-101.00
+9.82%
-112.00
Common Stock Payments
-224.00
-3.70%
-216.00
-113.86%
-101.00
+9.82%
-112.00
Common Stock Dividend Paid
-211.00
-0.48%
-210.00
-8.25%
-194.00
-7.18%
-181.00
Cash Dividends Paid
-211.00
-0.48%
-210.00
-8.25%
-194.00
-7.18%
-181.00
Repurchase Of Capital Stock
-224.00
-3.70%
-216.00
-113.86%
-101.00
+9.82%
-112.00
Proceeds From Stock Option Exercised
-12.00
-126.09%
46.00
+130.00%
20.00
+122.22%
9.00
Net Other Financing Charges
-40.00
-1900.00%
-2.00
+95.65%
-46.00
Changes In Cash
9.00
-98.56%
624.00
+292.45%
159.00
+344.62%
-65.00
Effect Of Exchange Rate Changes
24.00
+185.71%
-28.00
-566.67%
6.00
+122.22%
-27.00
Beginning Cash Position
997.00
+148.63%
401.00
+69.92%
236.00
-28.05%
328.00
End Cash Position
1,030.00
+3.31%
997.00
+148.63%
401.00
+69.92%
236.00
Free Cash Flow
511.00
-55.21%
1,141.00
+53.57%
743.00
+602.03%
-148.00
Interest Paid Supplemental Data
37.00
-22.92%
48.00
-50.00%
96.00
+17.07%
82.00
Income Tax Paid Supplemental Data
169.00
+7.64%
157.00
-16.04%
187.00
Sale Of Business
12.00
-95.29%
255.00
0.00
0.00
SEC Filings

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

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