Nabors Industries Hits New 52-Week High at $80.32, Showcasing Strong Growth

Feb 24 2026 04:50 PM IST
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Nabors Industries achieved a new 52-week high of USD 80.32, reflecting its strong performance in the construction industry. Over the past year, the company recorded a 13.49% increase, outpacing the S&P 500. With a P/E ratio of 16.00 and a return on equity of 69.19%, it maintains a solid financial position.
Nabors Industries Hits New 52-Week High at $80.32, Showcasing Strong Growth
Nabors Industries has reached a significant milestone by hitting a new 52-week high of USD 80.32 on February 23, 2026. This achievement underscores the company's strong performance in the construction industry, where it operates as a small-cap entity with a market capitalization of USD 1,238 million.
Over the past year, Nabors Industries has demonstrated a solid performance, recording a 13.49% increase, which slightly outpaces the S&P 500's performance of 12.95%. The company's price-to-earnings (P/E) ratio stands at 16.00, indicating a favorable valuation relative to its earnings. Additionally, Nabors Industries boasts a remarkable return on equity of 69.19%, reflecting its efficiency in generating profits from shareholders' equity. Despite a high debt-to-equity ratio of 2.65, the company continues to maintain a robust financial position. Notably, the stock's 52-week low was recorded at USD 23.27, highlighting the significant upward movement in its price over the past year. This new high marks an important moment for Nabors Industries as it continues to navigate the competitive landscape of the construction sector.
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