3 ASX All Ords shares cracking new 52-week highs on Tuesday

It's a good day to hold shares in this motley crew.

| More on:
A graphic showing a businessman running up a white upwards rising arrow symbolising the soaring Magellan share price today

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

The All Ordinaries Index (ASX: XAO) is in the green once more today, and these All Ords shares are making the most of it.

They've each lifted as much as 6% to hit their highest point in more than a year on Tuesday.

For comparison, the All Ords Index is up 0.25% at 7,146.8 points right now.

So, what's helping to boost the stocks to new 52-week highs today? Let's take a look.

3 ASX All Ords shares surging to 52-week highs

All Ords shares Mader Group Ltd (ASX: MAD), Perenti Ltd (ASX: PRN), and OFX Group Ltd (ASX: OFX) all took off earlier today to post their highest prices in more than 12 months.

And they weren't alone in doing so. The share price of S&P/ASX 200 Index (ASX: XJO) energy giant Woodside Energy Group Ltd (ASX: WDS) also hit a near-eight-year high today – leaping 1% to $39.58 in intraday trade before slipping into the red this afternoon.

That gain was surpassed by that posted by the Mader share price earlier today. Stock in the maintenance services company lifted 3% to reach a high of $3.78 on Tuesday. That marks a new all-time high.

Interestingly, there's been no news from the company since it posted a strong first-quarter performance, leading it up to its full-year guidance late last month. It expects to recognise at least $550 million of revenue and at least $35.5 million of net profit after tax (NPAT) for financial year 2022.

The Perenti share price is also gaining on Tuesday, soaring to its highest point in 52 weeks. It peaked at $1.025 earlier today, marking a 3% gain.

Like Mader before it, there's been no news from the mining services company. The last time the market heard price-sensitive word from it was on 14 October when it hosted its annual general meeting (AGM).

The final All Ords share reaching a 52-week high is OFX Group. Its share price hit its highest point since 2016 earlier today before slumping into the red. Its new multi-year record sits at $2.91, 5.8% higher than its previous close.

The international payment services provider posted its half-year earnings today.

The company declared a 53% year-on-year increase in net operating income, coming in at $105.3 million for the six months ended 30 September. It also revealed a record $32.3 million of underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) – a 59% increase.

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 positions in and has recommended Mader Group Limited and OzForex Group Limited. The Motley Fool Australia has positions in and has recommended Mader Group Limited. The Motley Fool Australia has recommended OzForex Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on 52-Week Highs

Man raising both his arms in the air with a piggy bank on his lap, symbolising a record high.
52-Week Highs

12 non-bank ASX 200 shares smashing new 52-week highs today

Do you own any of these stocks at 52-week highs today?

Read more »

A cloud with a blue arrow pointing upwards through its middle symbolising a rising asx share price
52-Week Highs

7 ASX 200 shares smashing new highs on Tuesday

Here's why these companies are hitting new 52-week highs on Tuesday.

Read more »

Hands reaching high for a trophy with a sunset in the background.
52-Week Highs

6 ASX 200 shares smashing new highs while the market dives today

Do you own any of these lucky ASX 200 stocks?

Read more »

A woman wearing a top of gold coins and large gold hoop earrings and a heavy gold bracelet stands amid a shower of gold coins with her mouth open wide and an excited look on her face.
Gold

14 ASX gold stocks unearthing fresh 52-week highs today

Do you own any of these hot gold miners?

Read more »

An older female ASX investor holds a gangster-style fist pump pose showing off gold rings with dollar signs on them.
52-Week Highs

These 16 ASX 200 shares are hitting new 52-week highs today even as the market sinks

Do you own any of these lucky stocks?

Read more »

A man clenches his fists in excitement as gold coins fall from the sky.
Gold

Why this $9.6 billion ASX 200 gold stock is smashing the market today

This gold miner has hit a 52-week high on Wednesday. What's going on?

Read more »

Excited group of friends sitting on sofa watching sports on TV and celebrating.
ETFs

4 ASX ETFs that hit new 52-week highs today

These ETFs provide exposure to the gold price and companies in emerging markets.

Read more »

Two happy scientists analysing test results.
52-Week Highs

3 ASX All Ords health care shares that reached 52-week peaks today

These health care companies finished the week on a positive note.

Read more »