These ASX shares just raced to 52-week highs: Is it too late to...

These ASX shares just raced to 52-week highs: Is it too late to invest?

James Mickleboro | March 14, 2018

The Nearmap Ltd (ASX: NEA) share price reached an all-time high of $1.08 this morning. Investors have been fighting to get hold of the aerial imagery company’s shares since the release of a solid half-year update. Nearmap reported that annualised contract value grew a solid 31% during the first-half to $54.2 million. Furthermore, global customer numbers increased to 8,200 and the average revenue per subscription increased to $6,600. Whilst I’m not a buyer of its shares at these levels just yet, I could be converted into a buyer if this strong growth continues in the second-half.

https://www.fool.com.au/2018/03/14/...ed-to-52-week-highs-is-it-too-late-to-invest/