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

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.

The post 3 ASX All Ords shares cracking new 52-week highs on Tuesday appeared first on The Motley Fool Australia.

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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.

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