ASX Stocks Near Their 52 Week High to Watch this November
The following ASX-listed stocks are hovering near their 52-week highs and investors are keeping a close eye on them as they continue to show progress in their financials and growth plans.
Vectus Biosystems Limited (ASX: VBS)
is showing progress in commercialising its anti-fibrosis drug portfolio and has just locked in another strategic milestone with the sale of its VB4-P5 renal compound to XORTX Therapeutics.
Under this deal, VBS will receive about US$3 million worth of XORTX shares and pre-funded warrants, giving it equity exposure to future upside as XORTX advances the drug through development.
VBS continues to work closely with US-based C14 Consulting on active licensing discussions for its lead candidates VB0004, VB4-A32 and VB4-A79 across heart, liver and lung fibrosis.
Cash flow management has improved as Phase I work winds down, operating costs remain tight and the company received a $422,000 R&D tax refund, ending the quarter with $569,000 cash.
APA Group (ASX: APA)
continues to deliver steady and resilient performance as one of Australia’s most important energy-infrastructure operators backed by a diversified $27 billion portfolio across gas, electricity, solar and wind assets.
In FY25, APA reported excellent results with underlying EBITDA rising 6.4% to $2.015 billion and free cash flow of $1.083 billion.
The group lifted distributions again to 57 cents per security which marks 21 consecutive years of distribution growth and guided to further growth in FY26 with a forecast of 58 cents per security.
APA also strengthened its balance sheet with $2.4 billion in available liquidity which gives it confidence to fund its growth.
Westpac Banking Corporation (ASX: WBC)
delivered a steady FY25 result that showed solid execution across deposits, lending, and technology transformation.
The bank booked $7 billion in net profit, lifted deposits by 7% to $723 billion and loans by 6% to $856 billion.
Return on tangible equity came in at 11%, reflecting solid profitability despite elevated investment as Westpac continues to roll out its large-scale UNITE transformation program
Customer metrics are improving due to faster mortgage approvals, leading digital banking capabilities and the mobile banking app is rated number one for the third year in a row.
(Source: Company Announcements)
Get Your Free Report on Top 5 ASX Stocks on WhatsApp
Instant Access. No Credit Card Required.
Receive on WhatsApp
Checkout Our Recommendation for free - 7 days free trial
Start Free TrialASX Stock Research & Recommendations — 7‑day free trial
Independent, analyst‑driven insights.
- Stock of the week report
- Daily Analysis Report
- No credit card required
Get Your FREE Report
Discover the Top ASX Stocks to Invest In 2026!
Expert Analysis of Top-Performing ASX Stocks
Market Insights and In-Depth Research
Buy, Sell, And Hold Recommendations
Almost There!
Enter your details to download the report
Success!
Preparing your download...
Latest Article
Disclaimer
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether it’s appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
