Data Insights

35 ASX stocks hit 52-week highs in the past week: Gold, Industrials and Tech

Tue 18 Jul 23, 1:40pm (AEST)
Yellow truck at a mine site
Source: iStock

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

KGN

Kogan

$5.72

Discretionary

$564.3m

110.29%

TPW

Temple & Webster

$6.29

Discretionary

$768.4m

88.32%

CTT

Cettire

$3.46

Discretionary

$1,326.7m

810.53%

APE

Eagers Automotive

$14.73

Discretionary

$3,802.1m

29.67%

MAY

Melbana Energy

$0.09

Energy

$320.2m

-1.08%

MRM

MMA Offshore

$1.23

Energy

$441.8m

105.88%

WOR

Worley

$16.97

Energy

$8,858.3m

28.85%

HLI

Helia Group

$3.59

Financials

$1,105.8m

48.96%

NWL

Netwealth

$13.98

Financials

$3,336.4m

11.48%

SUN

Suncorp Group

$13.78

Financials

$17,339.0m

24.14%

MSB

Mesoblast

$1.39

Healthcare

$1,131.7m

68.48%

IVC

Invocare

$12.74

Healthcare

$1,832.5m

19.18%

BKL

Blackmores

$94.71

Staples

$1,842.9m

30.06%

AGL

AGL Energy

$11.48

Utilities

$7,669.3m

42.26%

ORG

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

IPG

IPD Group

$4.63

Industrials

$382.6m

169.19%

SST

Steamships

$12.53

Industrials

$388.5m

4.24%

ASB

Austal

$2.75

Industrials

$993.1m

7.42%

MAD

Mader Group

$6.14

Industrials

$1,176.0m

154.77%

FBU

Fletcher Building

$5.15

Industrials

$3,993.8m

11.96%

JHX

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

SMP

Smartpay

$1.73

Technology

$413.7m

195.73%

IFM

Infomedia

$1.70

Technology

$638.8m

9.32%

FCL

Fineos Corp

$2.28

Technology

$727.3m

47.10%

MP1

Megaport

$9.44

Technology

$1,513.8m

38.82%

XRO

Xero

$124.41

Technology

$18,732.5m

44.09%

REA

REA Group

$149.26

Technology

$19,738.3m

24.83%


Ticker

Company Name

Close Price

Sector

Market Cap

1 Year

SVM

Sovereign Metals

$0.53

Materials

$233.1m

17.78%

WGX

Westgold Resources

$1.63

Materials

$824.1m

42.98%

LRS

Latin Resources

$0.35

Materials

$968.6m

407.35%

A4N

Alpha HPA

$1.18

Materials

$1,012.2m

174.42%

EMR

Emerald Resources

$2.32

Materials

$1,363.6m

157.78%

BGL

Bellevue Gold

$1.59

Materials

$1,808.3m

133.09%

CSR

CSR

$5.55

Materials

$2,649.5m

33.73%

BLD

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

 

Written By

Kerry Sun

Content Strategist

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

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