Meet the two ASX All Ords shares that just hit new 52-week highs

Do you own either of these shares at new highs today?

| More on:
a person stands arms outstretched on the top of a mountain with a beautiful sunrise in the sky

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's been a strong session for the All Ordinaries Index (ASX: XAO) and most ASX All Ords shares so far this Thursday. At present, the All Ords has gained a healthy 0.57%, lifting the index to back over 7,200 points.

But let's talk about two ASX All Ords shares that are doing even better than that, and have just hit new 52-week highs.

2 ASX All Ords shares at new 52-week highs today

Pro Medicus Limited (ASX: PME)

ASX All Ords healthcare share Pro Medicus is first up. This medical imaging company has had a lucrative, albeit volatile session today thus far. The company hit its new 52-week (and all-time record) high of $86.25 a share in early trading this morning, but soon after fell back into negative territory.

However, the Pro Medicus share price has since recovered a little and is back in the green, currently up 0.6% at $85.72 a share. This latest new high comes despite an absence of recent news from the company. Pro Medicus' last major announcement was back on 23 October, when the company revealed that it had signed a $16 million, eight-year contract with the US company South Shore Health.

Investors didn't seem too excited by this news last month. But since the start of November, they seem to have reconsidered, with the Pro Medicus share price now up a whopping 14.92% since the start of the month.

Today's gains put the Pro Medicus share price's performance over 2023 so far at a stunning 57.58%.

EML Payments Ltd (ASX: EML)

Our second ASX All Ords share minting a new high today is payments share EML. Like Pro Medicus, EML shares spiked in early trading to reach its new 52-week high.

The company topped out at $1.28 a share soon after market open this morning before falling back to earth somewhat. Even so, EML shares remain up a pleasing 2.09% at the time of writing at $1.22 each.

There hasn't been any fresh news out of EML Payments for more than two months now.

Even so, it appears the company is still benefitting from vastly improved sentiment following its full-year results announcement for FY2023 back in late August. As we covered at the time, these earnings saw EML report record revenue of $254.2 million, which was up 9% for the year.

Today's gains mean that the EML share price is now up a stinking 98.4% year to date.

Motley Fool contributor Sebastian Bowen 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 EML Payments and Pro Medicus. The Motley Fool Australia has recommended Pro Medicus. 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

A graphic image of three upward pointing arrows with smoke coming from their bottoms, indicating the arrows are taking off just like the Althea share price today
52-Week Highs

Why Rio Tinto, Evolution Mining and BHP shares just smashed new 52-week highs

BHP, Rio Tinto, and Evolution Mining shares are lifting off today.

Read more »

A man in a business suit holds his coffee cup aloft as he throws his head back and laughs heartily.
Resources Shares

ASX mining shares dominate stocks hitting 52-week highs

BHP, Fortescue, Rio Tinto, and Evolution Mining shares are among those that hit 52-week highs today.

Read more »

Three satisfied miners with their arms crossed looking at the camera proudly
Resources Shares

Major ASX 200 mining shares hit 52-week highs

BHP, Fortescue, and Rio Tinto shares set new 52-week highs today.

Read more »

Concept image of a businessman riding a bull on an upwards arrow.
52-Week Highs

2 ASX 200 mining stocks smashing new 52-week highs on Thursday

Investors just sent these two ASX 200 mining stocks rocketing to one-year-plus highs. But why?

Read more »

A female sharemarket analyst with red hair and wearing glasses looks at her computer screen watching share price movements.
Materials Shares

ASX lithium shares outperform as ASX 200 tumbles to four-month low

Several ASX lithium shares have hit new 52-week highs amid the broader market tumbling to a four-month low.

Read more »

Concept image of a businessman riding a bull on an upwards arrow.
Materials Shares

6 ASX lithium shares streak to new 52-week highs

Six ASX lithium shares including Pilbara Minerals have reset their 52-week highs due to rising commodity values.

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
52-Week Highs

Why are Core Lithium shares soaring 27% to a 52-week high today?

Core Lithium shares have new momentum due to higher lithium prices and an update released this week.

Read more »

A young man wearing a black and white striped t-shirt looks surprised.
Materials Shares

IGO share price rips 16% and leads the market today

IGO shares hit a new 52-week high today, as did Pilbara Minerals, Liontown Resources, and Core Lithium.

Read more »