Forum Energy Technologies, Inc. Hits New 52-Week High of $62.61

Forum Energy Technologies, Inc. has reached a significant milestone by hitting a new 52-week high of USD 62.61 on February 23, 2026. This achievement marks a remarkable increase in the company's stock price, reflecting a 232.39% rise over the past year, significantly outperforming the S&P 500, which has seen a gain of 12.95% during the same period. As a microcap company in the oil industry, Forum Energy Technologies has a market capitalization of USD 682 million. The stock currently has a price-to-earnings (P/E) ratio of 27.00, indicating its valuation relative to earnings. The company does not offer a dividend, and its debt-to-equity ratio stands at 0.35, suggesting a relatively low level of debt compared to equity. However, the return on equity is reported at -3.19%, and the price-to-book ratio is 2.34. This new high reflects the company's performance and market position within the oil sector, showcasing its growth trajectory over the past year.