This ASX 200 share has notched up 5 record highs this month

September just keeps getting better and better for this tech solutions company.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

We're only 8 days into the new month and one ASX 200 share has already beaten its own record high a whopping 5 times.

That's particularly impressive considering the S&P/ASX 200 Index (ASX: XJO) has fallen 0.33% so far this month.

Additionally, the overachieving stock has seen its share price gain 17% since August's end.

So, which ASX 200 share is behind such a remarkable performance? Let's take a look.

woman in an office with their fists up after winning

Image source: Getty Images

Which ASX 200 share is setting records in September?

The TechnologyOne Ltd (ASX: TNE) share price has started September with a bang.

Last Wednesday it hit a record high, reaching $10.31 in intraday trade after announcing a new acquisition. It bested that figure on Friday when it reached $10.52.

This week, it surpassed its brand new record on Monday before besting Monday's record on Tuesday.

Now, it has a brand new record high of $11.61, which it hit in intraday trade today.

The enterprise software-as-a-service company has called the ASX 200 home since 2014.

Last week TechnologyOne announced it has acquired the UK-based higher education timetabling and resources scheduling software provider Scientia.

TechnologyOne expects the acquisition will cost around $22 million (converted from pound sterling at the current exchange rate), with an initial payment of around $11 million.

TechnologyOne isn't the only ASX 200 share hitting record highs today.

The Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) share price broke its previous record high when it traded for $38.37 earlier today. While it's been quiet today, Soul Patts did release a trading update on Monday, which might be spurring its gains.

Additionally, Aristocrat Leisure Limited's (ASX: ALL) stock surpassed its previous best today when it hit $47.91. As The Motley Fool reported yesterday, the ASX 200 gaming giant's day in the green might be being spurred by its online gaming business, which has been relatively unaffected by COVID-19 lockdowns so far.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned.

The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Gainers

3 children standing on podiums wearing Olympic medals.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors were back to hitting the sell button today.

Read more »

a man in a business suite throws his arms open wide above his head and raises his face with his mouth open in celebration in front of a background of an illuminated board tracking stock market movements.
Share Gainers

Why Collins Foods, St George Mining, Whitehaven Coal, and Woodside shares are pushing higher today

These shares are having a good session on Thursday. But why?

Read more »

A panel of four judges hold up cards all showing the perfect score of ten out of ten
Share Gainers

Here are the top 10 ASX 200 shares today

Investors continued to pull the markets back up today.

Read more »

Two happy and excited friends in euphoria holding a smartphone, after winning in a bet.
Share Gainers

Why Brazilian Rare Earths, Lynas, Macquarie Technology, and Ora Banda shares are pushing higher today

These shares are having a good time on hump day. But why?

Read more »

A woman stands in a field and raises her arms to welcome a golden sunset.
Gold

Why this little-known ASX gold share is leaping 28% on Wednesday

Investors just sent this ASX gold share up more than 28%. But why?

Read more »

A man leaps from a stack of gold coins to the next, each one higher than the last.
Gold

Guess which ASX 200 gold stock is rocketing 14% today on 'fantastic results'

Investors are piling into the ASX 200 gold miner on Wednesday following ‘outstanding’ drilling results.

Read more »

Ten happy friends leaping in the air outdoors.
Share Gainers

Here are the top 10 ASX 200 shares today

The markets bounced back with vigour this Tuesday.

Read more »

Excited couple celebrating success while looking at smartphone.
Share Gainers

Why Life360, St George Mining, Telix, and Westgold shares are charging higher today

These shares are having a strong session on Tuesday. Let's find out why.

Read more »