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Data Insights
/Stocks making 52-week highs and lows this week: Lithium and gold shine, real estate stock slump
Data Insights
Stocks making 52-week highs and lows this week: Lithium and gold shine, real estate stock slump
By
Kerry Sun
Wed 12 Jul 23, 1:47pm (AEST)
Source: Shutterstock
Stocks in article
Key Points
- Lithium bellwether Allkem and emerging mid-cap names rallied have rallied to 52-week highs
- Real estate stocks both small to mid cap are under pressure, a handful of which have hit 52-week lows
Welcome back to the 52-week Series – A recap of stocks making 52-week highs in the past week.
# Highs and lows by sector
Materials – 5 highs, 4 lows
Discretionary – 2 highs, 1 low
Staples – 1 high, 0 lows
Financials – 1 high, 1 low
Real Estate – 1 high, 6 lows
Technology – 2 highs, 0 lows
Utilities – 2 highs, 0 lows
Energy – 0 highs, 1 low
Healthcare – 0 highs, 1 low
Industrials – 0 high, 1 low
Stocks making 52-week highs
A handful of themes taking place across the Materials sector.
Strength in mid-cap lithium names. There are a few other names close to 52-week highs including Leo Lithium (ASX: LLL) and Delta Lithium (ASX: DLI)
Gold stocks are making a comeback and mid-cap names like Emerald Resources and Bellevue Gold are leading performance gains
A bellwether lithium name like Allkem is pushing out
Ticker | Company Name | Close Price | Sector | Market Cap | 1 Week | 1 Month | 3 Month | 1 Year |
|---|---|---|---|---|---|---|---|---|
Latin Resources | $0.36 | Materials | $915.3M | 14.3% | 84.6% | 227.3% | 407.0% | |
Alpha HPA | $1.19 | Materials | $982.2M | 5.3% | 4.4% | 27.3% | 190.2% | |
Emerald | $2.34 | Materials | $1,280.2M | 7.8% | 14.2% | 35.7% | 157.1% | |
Bellevue Gold | $1.67 | Materials | $1,554.0M | 23.8% | 23.3% | 16.4% | 148.5% | |
Allkem | $16.59 | Materials | $10,215.3M | 1.0% | 6.8% | 49.2% | 65.9% |
And the rest ...
Ticker | Company name | Close price | Sector | Market cap | 1-Week | 1-Month | 3-Month | 1-Year |
|---|---|---|---|---|---|---|---|---|
Kogan.Com | $5.20 | Discretionary | $517.2M | 0.4% | 20.1% | 40.9% | 73.3% | |
Cettire | $3.46 | Discretionary | $1,261.9M | 2.7% | 77.4% | 98.3% | 798.7% | |
Costa Group | $3.28 | Staples | $1,524.2M | -1.8% | 22.9% | 28.1% | 23.8% | |
Insurance Australia Group | $5.76 | Financials | $13,992.5M | -1.0% | 12.7% | 15.0% | 30.6% | |
Peet | $1.25 | Real Estate | $610.4M | -3.5% | 6.8% | 13.1% | 20.2% | |
Infomedia | $1.66 | Technology | $620.0M | 4.8% | 4.8% | 11.5% | 3.4% | |
Life360 | $7.25 | Technology | $1,462.3M | -6.3% | 11.2% | 49.5% | 80.4% | |
AGL Energy | $11.14 | Utilities | $7,447.3M | 1.4% | 13.1% | 30.4% | 34.9% | |
Infratil | $9.31 | Utilities | $7,840.0M | -3.1% | 3.2% | 12.2% | 31.9% |
Stocks making 52-week lows
Various small-to-large cap real estate stocks marking 52-week lows. Some interesting takeaways from Morgan Stanley's "Higher for Longer" panel discussion on 7-8 June:
Valuation of commercial real estate: "There will be downward pressure at the upcoming August results - with CHC stating that you cannot have a c.4% cash rate without negative impact on discount and cap rates."
Office: "CHC flagged that devaluations will probably be around -3-6%, depending on quality of assets. The "risky" lower quality buildings, which are difficult to release will struggle."
Industrials: "Cap rates could "blow out by"35-40 bps this half,and likely higher for secondary grade,although overall market rent is increasing for assets of all qualities."
Flow of capital "is a concern for CNI, rather than bifurcation or quality of developments. With the bearishness in US and Europe, CNI is concerned this will impact flows into equity capital markets for real estate."
Ticker | Company Name | Close Price | Sector | Mkt Cap | 1-Week | 1-Month | 3-Month | 1-Year |
|---|---|---|---|---|---|---|---|---|
Sunland Group | $ 1.05 | Real Estate | $144.4M | -4.1% | -24.8% | -24.3% | -63.5% | |
Newmark Property Reit | $ 1.24 | Real Estate | $232.5M | -0.8% | -8.5% | -10.1% | -12.7% | |
Servcorp Limited | $ 3.02 | Real Estate | $296.3M | 0.0237 | -0.0195 | -0.0679 | -0.0258 | |
Carindale Property Trust | $ 3.90 | Real Estate | $302.1M | -2.5% | -4.2% | -13.5% | -13.5% | |
Growthpoint Properties Australia | $ 2.77 | Real Estate | $2,065.2M | -2.5% | -5.8% | -10.7% | -22.0% | |
Charter Hall Retail | $ 3.59 | Real Estate | $2,069.2M | -2.2% | -2.5% | -4.0% | -8.2% |
And the rest ...
Ticker | Company Name | Close Price | Sector | Market Cap | 1 Week | 1 Month | 3 Month | 1 Year |
|---|---|---|---|---|---|---|---|---|
Cokal Limited | $ 0.10 | Materials | $107.9M | -3.0% | -15.7% | -41.2% | -39.4% | |
St Barbara | $ 0.26 | Materials | $229.0M | -50.9% | -54.4% | -59.7% | -71.1% | |
Neometals | $ 0.47 | Materials | $265.3M | -6.0% | -17.5% | -25.4% | -53.0% | |
Amcor | $ 14.64 | Materials | $21,855.9M | -2.9% | -2.0% | -12.1% | -19.0% | |
Treasury Wine Estates | $ 10.81 | Discretionary | $7,781.5M | -3.6% | -5.9% | -21.1% | -4.8% | |
Tamboran Resources | $ 0.17 | Energy | $289.9M | -2.9% | -17.1% | -19.1% | -24.4% | |
Duxton Water | $ 1.57 | Financials | $191.5M | -2.2% | -8.4% | -10.2% | -4.3% | |
CSL Limited | $ 265.01 | Healthcare | $128,744.4M | -4.2% | -13.2% | -12.2% | -8.0% | |
Link Administration | $ 1.61 | Industrials | $797.7M | -6.7% | -16.0% | -23.2% | -60.2% |
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