Three ASX-listed shares to set sights on before December ends

Highlights

  • Investors have already started to reshuffle their portfolios as we are approaching the start of 2022.
  • Quick moves can be captured by investors if they set their sights on the stocks that are already on the move.
  • IDZ, ECT and DEV are some of the stocks that are on investors’ watchlists.

The year 2021 is about to end and we are one month away from the new year. Investors have already started to reshuffle their portfolios to make the most of the remaining one month, to end the year with a maximum gain.

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Stocks that are already in momentum are generally more preferred by investors or traders for a short-term gain. Quick moves can be captured by investors if they set their sights on the stocks that are already on the move. Let us have a look at three ASX-listed shares that are buzzing in the market with their exceptional performance in the last month.

Read More: Five ASX penny stocks on investors’ radar for 2022

  1. Indoor Skydive Australia Group Limited (ASX:IDZ)

Indoor Skydive Australia is an ASX-listed small-cap innovative company that is striving to build immersive XR products and experiences. The company has a market capitalisation of AU$26.59 million.

In FY21, the company reported a net profit of AU$4.06 million, compared to a net loss of AU$5.44 million in FY20 and AU$7.4 million in FY19. In the last one month, the IDZ share price has rallied 166.67% to AU$0.08, as of 3:00 PM AEDT, 1 December 2021.

  1. Environmental Clean Technologies Limited (ASX:ECT)

Environmental Clean Technologies is aiming to reduce carbon emissions and environmental damage by investing in and licensing cleaner technologies. The company has a market capitalisation of AU$65.99 million.

The ECT share price has been on a tear since November and has delivered a high return of 170% in the last one month ending 1 December 2021, as of 3:00 PM AEDT. In FY21, the company reduced its net loss to AU$1.87 million, from AU$2.07 million a year ago.

  1. DevEx Resources Limited (ASX:DEV)

DevEx Resources is an ASX-listed mineral exploration and development company. The company exceeded its loss in FY21 to AU$6.58 million versus a net loss of AU$3.47 million a year ago.

DEV’s shares have bolstered 118.39% in the last one month to AU$0.68, as of 3:00 PM AEDT, 1 December 2021, improving the market capitalisation of the company to AU$219.9 million.

Bottom Line

As we are approaching the end of the year, investors are digging into their portfolios to make necessary changes in their stock holdings. Some of the high momentum stocks that performed exceptionally well in November 2021 are on the watchlist of investors for December 2021. 

Read More: Three ASX shares investors are eying amid Omicron concerns

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