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

Three children wearing athletic short and singlets stand side by side on a running track wearing medals around their necks and standing with their hands on their hips.
52-Week Highs

3 ASX 200 shares smashing new 52-week highs on Thursday

It's a good day to own these ASX 200 favourites.

Read more »

Three businesspeople leap high with the CBD in the background.
52-Week Highs

3 ASX 200 shares rocking new, multi-year highs on Tuesday

These three ASX 200 shares hit new multi-year highs today...

Read more »

Rocket going up above mountains, symbolising a record high.
52-Week Highs

These 3 ASX All Ordinaries shares hit new 52-week highs on Monday

These three All Ords shares just hit new 52-week highs.

Read more »

three young children weariing business suits, helmets and old fashioned aviator goggles wear aeroplane wings on their backs and jump with one arm outstretched into the air in an arid, sandy landscape.
52-Week Highs

3 ASX All Ordinaries shares hitting new 52-week highs on Wednesday

All three stocks notched up one-year plus highs in intraday trading today without releasing new price sensitive announcements.

Read more »

two dogs, a golden one and a black one, together carry a stick in their mouths as the run side by side with contented, happy looks on their faces.
52-Week Highs

2 ASX 300 shares rocking new 52-week highs on Monday

These 2 ASX 300 shares have seen new 52-week highs today.

Read more »

A man jumps over a river, bouncing from one rock to another.
52-Week Highs

Rocks and lasers: 2 ASX All Ords shares securing new multi-year highs on Wednesday

One tech stock and a coal share have launched to long-forgotten heights today.

Read more »

Supermarket trolley with groceries on top of a red pointing arrow.
52-Week Highs

Coles share price claims new 52-week high, could it still be a buy?

One broker believes the Coles share price could rise to $20.65.

Read more »

Group of friends toast with beers
52-Week Highs

The Endeavour share price just hit a new 52-week high!

The Endeavour share price just hit a new 52-week high. Here's the tea.

Read more »