Forum Energy Technologies Hits New 52-Week High of $29.39
Forum Energy Technologies, Inc. achieved a new 52-week high, reflecting its strong performance in the oil industry as a microcap company. Over the past year, it has seen substantial stock growth and impressive financial metrics, including significant profit increases and a robust interest coverage ratio, indicating solid financial health.
Forum Energy Technologies, Inc. has reached a significant milestone by hitting a new 52-week high of USD 29.39 on October 22, 2025. This achievement underscores the company's robust performance in the oil industry, particularly notable given its microcap status with a market capitalization of USD 322 million.Over the past year, Forum Energy Technologies has demonstrated impressive growth, with a remarkable 66.25% increase in stock value, significantly outpacing the S&P 500's performance of 15.06%. The company has reported strong financial metrics, including a net profit growth of 586.27% in its latest quarterly results, alongside a notable operating cash flow of USD 89.22 million.
Additionally, the company's interest coverage ratio stands at an impressive 366.49, indicating strong financial health. With a debt-to-equity ratio of 0.36 and a return on equity of 3.81%, Forum Energy Technologies is positioned favorably within its industry. The stock's 52-week low was recorded at USD 12.78, highlighting the significant upward trajectory it has experienced.
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