February 15, 2018 The Nearmap Ltd (ASX: NEA) share price touched...

February 15, 2018

The Nearmap Ltd (ASX: NEA) share price touched on a new 52-week high of 84 cents during trade on Wednesday. The aerial imagery company’s shares have been on a tear since the release of its preliminary half-year results in the middle of January revealed a 31.2% increase in annualised contract value compared to the prior corresponding period. Whilst I have been impressed with Nearmap’s growth, I think its shares are fully valued now and would suggest investors wait for a pull back before considering an investment.

https://www.fool.com.au/2018/02/15/3-asx-shares-at-52-week-highs-is-it-too-late-to-invest-3/