3 ASX 200 shares smashing 52-week highs on Thursday

These three shares are having a great day.

| More on:
three men stand on a winner's podium with medals around their necks with their hands raised in triumph.

Image source: Getty Images

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

It might be a red day for the S&P/ASX 200 Index (ASX: XJO) on Thursday, but that hasn't stopped a handful of shares from reaching 52-week highs today.

In afternoon trade, the Aussie benchmark index is 0.5% worse for wear, treading around 7,450 points. Yet, a select few ASX 200 constituents are being embraced amongst the sour session.

These ASX 200 shares are being celebrated today

Endeavour Group Ltd (ASX: EDV)

Following on from hitting a new all-time high yesterday, the Dan Murphy's and BWS owner is setting new records again today. Shares in Endeavour Group have lifted more than 1% during trade to reach $7.66.

However, there's not a whole lot of new information out from the company today. Insinuating the company's shares might still be revelling in an improved outlook from Goldman Sachs. The broker set its price target for Endeavour Group at $8 per share.

New Hope Corporation Limited (ASX: NHC)

The next ASX 200 share leaving the market green with envy is coal producer New Hope Corporation. Shares are making the trek upwards today despite there not being any announcements from the $3.1 billion energy giant. At the time of writing, the New Hope share price is up 2.2% to $3.79 — with an intraday high of $3.80.

For reference, this stampede into positive territory has continued after non-exec director and non-exec chair Thomas Millner and Robert Millner acquired more shares. According to the filings, the two board members added more than $1.68 million worth of New Hope shares across 4 April and 5 April.

Worley Ltd (ASX: WOR)

Finally, Worley is another new 52-week high candidate today. Although, the engineering services company has slipped into the negative as the day has gone on. Regardless, Worley shares climbed to $13.89 shortly after the market opened. Now that price is closer to $13.50 as we head into the afternoon.

This ASX 200 share is another name hitting the new high milestone without much substance today. Despite Worley shares charging 10% higher in the last month, the company hasn't released a price-sensitive announcement since 23 February, which was its half-year results.

Motley Fool contributor Mitchell Lawler 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 has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on 52-Week Highs

A piggy bank on the cloud in the blue sky symbolising a record high share price.
52-Week Highs

10 ASX 200 shares smashing new highs while the market sinks

Do you own any of these market-defying stocks?

Read more »

A woman looks up at a plane flying in the sky with arms outstretched as the Flight Centre share price surges
Travel Shares

Why the Qantas share price can keep flying to new highs

Qantas shares' new record highs are forecast to be broken in 2025 by this top broker.

Read more »

three businessmen high five each other outside an office building with graphic images of graphs and metrics superimposed on the shot.
Financial Shares

Why did the IAG share price just hit a 5-year high?

Shareholders of this insurance giant are smiling on Tuesday. What's going on?

Read more »

An excited man stretches his arms out above his head as he reaches a mountain peak representing two ASX 200 shares reaching multi-year high prices today
52-Week Highs

This ASX 200 stock just hit a 14-year high following an upgrade from Macquarie

You’d have to go all the way back to May 2010 to find the ASX 200 stock trading at higher…

Read more »

A bearded man holds both arms up diagonally and points with his index fingers to the sky with a thrilled look on his face over these rising Tassal share price
Materials Shares

Why is this ASX lithium stock jumping to a 52-week high today?

This lithium stock is smashing the market this year despite all the doom and gloom in the industry.

Read more »

A graphic showing a businessman running up a white upwards rising arrow symbolising the soaring Magellan share price today
52-Week Highs

3 ASX 200 shares smashing new 52-week highs on a red-market day

These lucky shares are defying the market today.

Read more »

A piggy bank on the cloud in the blue sky symbolising a record high share price.
Share Market News

Here's why Morgan Stanley says the record-high ASX 200 has more room to run

The top broker also thinks investors should prepare for a rotation out of ASX bank stocks in 2025.

Read more »

A woman jumps for joy with a rocket drawn on the wall behind her.
52-Week Highs

Why is this ASX stock jumping 10% to a decade-high today?

What is getting investors excited today? Let's find out.

Read more »