Business
The WiseTech (ASX:WTC) share price is trading near 52-week highs
After falling as low as $9.97 during the COVID-19 market crash last March, shares in ASX logistics software company WiseTech Global Ltd (ASX: WTC) have been steadily climbing back towards their pre-coronavirus levels in recent months.
At the time of writing, the WiseTech share price is trading at $31.20, well over 200% above its March low and nudging a new 52-week high (the current high of $34.42 was set just last week).
What’s driving the WiseTech share price?
Back in August, the WiseTech share price soared on news the company had managed to deliver growth in revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) in line with guidance, despite the market disruption caused by COVID-19.
Total revenue…
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