3 small-cap ASX stocks at 52-week highs

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The All Ordinaries Index is 6.8 points or 0.11% higher to 6433, while the S&P/ASX 200 Index is 3.3 points or 0.05% higher at 6342.5 at 1130am AEST.

These three small-cap ASX stocks have all hit 52-week highs.

Superloop Ltd

The Superloop Ltd (ASX: SLC) share price has jumped 16 cents or 6.93% higher to $2.47 after earlier hitting a 52-week high of $2.60.

The telecommunications infrastructure company this morning announced its full-year results, with net profit after tax increasing by $8.3 million to $7.1 million. Revenue increased by 109.3% to $125.2 million.

Over the last 12 months, Superloop Ltd shares have traded as low as $1.89 and as high as $2.60. The Superloop Ltd share price has fallen 4.26% in the period.

People Infrastructure Ltd

The People Infrastructure Ltd (ASX: PPE) share price is currently sitting at a 52-week high of $1.84, up 2.22%.

The Australian workforce management company last week announced that it has entered into an agreement to acquire Network Nursing Agency, a  leading Sydney-based nursing agency. The acquisition price for is $8 million payable in cash on closing and People Infrastructure expects Network Nursing Agency to contribute $2.2 million in EBITDA for the next 12 months.

Over the last 12 months, People Infrastructure Ltd shares have traded as low as $1.20 and as high as $1.84. The People Infrastructure Ltd share price has gained 40.77% in the period.

Jumbo Interactive Ltd

The Jumbo Interactive Ltd (ASX: JIN) share price is 0.94% higher at $5.92 after hitting a 52-week high of $6.18 earlier this morning.

Last week, internet lottery business reported its full-year profit for the 12 months ending 30th June 2018 was $11.75 million, up 55% on the same period a year earlier. Revenue was 22.7% higher at $39.8 million.

Over the last 12 months, Jumbo Interactive Ltd shares have traded as low as $2.62 and as high as $6.18. The Jumbo Interactive Ltd share price has gained 115.45% in the period. 

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See the 3 stocks

Contributors to this article may own shares in some of the companies mentioned in this article. The Capital Club has a thorough disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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Lauren Surplice is a keen follower of the stock market, investing in individual companies and funds. She follows the daily stock market news, covering the ASX stocks that are moving the markets. You can contact Lauren at laurens@thecapitalclub.com.au