35 ASX stocks hit 52-week highs in the past week: Gold, Industrials and Tech
Stocks from sectors like Industrials, Materials and Tech are rallying into yearly highs.
Source: iStock
Mentioned
KEY POINTS
- Industrials stocks rallying into 52-week highs are all infrastructure-related companies
- Gold prices rallied on the cooler-than-expected US inflation print. Mid-cap gold miners are leading the charge (as opposed to large caps)
- 35 stocks from the All Ords hit 52-week highs in the past week, up from 14 a week ago
Welcome back to the 52-week Series – A recap of stocks making 52-week highs in the past week.
# Highs by sector
Discretionary – #4
Energy – #3
Financials – #3
Healthcare – #2
Industrials – #6
Materials – #8
Staples – #1
Technology – #6
Utilities – #2
A total of 35 companies from the All Ords hit 52-week highs in the past week vs. 14 from last week. The highlighted sectors have separate tables for ease of reading.
Stocks making 52-week highs
Ticker | Company Name | Close Price | Sector | Market Cap | 1 Year |
|---|---|---|---|---|---|
Kogan | $5.72 | Discretionary | $564.3m | 110.29% | |
Temple & Webster | $6.29 | Discretionary | $768.4m | 88.32% | |
Cettire | $3.46 | Discretionary | $1,326.7m | 810.53% | |
Eagers Automotive | $14.73 | Discretionary | $3,802.1m | 29.67% | |
Melbana Energy | $0.09 | Energy | $320.2m | -1.08% | |
MMA Offshore | $1.23 | Energy | $441.8m | 105.88% | |
Worley | $16.97 | Energy | $8,858.3m | 28.85% | |
Helia Group | $3.59 | Financials | $1,105.8m | 48.96% | |
Netwealth | $13.98 | Financials | $3,336.4m | 11.48% | |
Suncorp Group | $13.78 | Financials | $17,339.0m | 24.14% | |
Mesoblast | $1.39 | Healthcare | $1,131.7m | 68.48% | |
Invocare | $12.74 | Healthcare | $1,832.5m | 19.18% | |
Blackmores | $94.71 | Staples | $1,842.9m | 30.06% | |
AGL Energy | $11.48 | Utilities | $7,669.3m | 42.26% | |
Origin Energy | $8.58 | Utilities | $14,781.2m | 55.43% |
Key themes
Discretionary: eCommerce/Covid runners (Kogan, Temple & Webster and Cettire)
Energy: Resource-services (MMA Offshore, Worley)
Financials: All insurance-related companies
A closer look at Industrials, Materials and Tech
Ticker | Company Name | Close Price | Sector | Market Cap | 1 Year |
|---|---|---|---|---|---|
IPD Group | $4.63 | Industrials | $382.6m | 169.19% | |
Steamships | $12.53 | Industrials | $388.5m | 4.24% | |
Austal | $2.75 | Industrials | $993.1m | 7.42% | |
Mader Group | $6.14 | Industrials | $1,176.0m | 154.77% | |
Fletcher Building | $5.15 | Industrials | $3,993.8m | 11.96% | |
James Hardie Industries | $40.19 | Industrials | $17,802.9m | 19.33% |
Key themes
Industrial leaders are very infrastructure oriented
IPD: Distributor of electrical infrastructure products
Steamships: Logistics, property management, hotels
Austral: Shipbuilding and defence
Mader: Plant equipment maintenance
Fletcher and James Hardie: Building products
Ticker | Company Name | Close Price | Sector | Market Cap | 1 Year |
|---|---|---|---|---|---|
Smartpay | $1.73 | Technology | $413.7m | 195.73% | |
Infomedia | $1.70 | Technology | $638.8m | 9.32% | |
Fineos Corp | $2.28 | Technology | $727.3m | 47.10% | |
Megaport | $9.44 | Technology | $1,513.8m | 38.82% | |
Xero | $124.41 | Technology | $18,732.5m | 44.09% | |
REA Group | $149.26 | Technology | $19,738.3m | 24.83% |
Ticker | Company Name | Close Price | Sector | Market Cap | 1 Year |
|---|---|---|---|---|---|
Sovereign Metals | $0.53 | Materials | $233.1m | 17.78% | |
Westgold Resources | $1.63 | Materials | $824.1m | 42.98% | |
Latin Resources | $0.35 | Materials | $968.6m | 407.35% | |
Alpha HPA | $1.18 | Materials | $1,012.2m | 174.42% | |
Emerald Resources | $2.32 | Materials | $1,363.6m | 157.78% | |
Bellevue Gold | $1.59 | Materials | $1,808.3m | 133.09% | |
CSR | $5.55 | Materials | $2,649.5m | 33.73% | |
Boral | $4.38 | Materials | $4,809.5m | 70.43% |
Key themes
By extension of James Hardie and Fletcher Building, CSR and Boral are another two building-related names clearing 52-week highs
Gold prices have bounced from around US$1,900 to US$1,960 in the past week thanks to the cooler-than-expected US inflation print. This has seen a broad-based rally for gold stocks. In the midst of this, a handful of mid cap names are leading and clearing 52-week highs
