Image Source: © Lucidwaters | Megapixl.com
- Coles' share price has been quite volatile recently on the ASX.
- While COL shares have appreciated a bit over the last five trade days, it has incurred losses in last one month.
Australian supermarket giant Coles Group Limited's (ASX:COL) shares have recently been on investors' radar. The retailer's shares have fluctuated a lot since it declared its third-quarter sales results in April. Coles' share price is down about 4.62% in the last thirty days and 2.25% higher in past six months. In the last five trade days, Coles shares have gained slightly, and on Friday, it was quoted at AU$17.730 apiece at around 3:00 PM AEST (3 June).
How are Coles shares performing on ASX?
Coles Group Limited is amongst the biggest retail businesses on the ASX. It, as of date, holds a market capitalisation of AU$23.67 billion. Its share price ranges in the 52-week range of AU$15.67 to 18.94 apiece.
Near term share price performance of Coles Group Limited
Image Source-© 2022 Kalkine Media ®, Source-ASX
Now, the dividend yield on a share is one of the important factors for investors focused on income. Notably, the annual dividend yield on COL shares is 3.44% at present. Compared to this, competitor Woolworths Group Limited (ASX:WOW) has an annual dividend yield of 2.71%. Thus, Coles appears to have the upper hand here.
Another factor influencing investors is the earnings per share (EPS) and the price-earnings ratio (PE). Coles has an EPS of AU$0.744, Woolworths has an EPS of AU$0.864. The PE ratio of Coles is 23.91 and that of Woolies is 40.68.
More from Consumer stocks – Wesfarmers (ASX:WES) anticipates high inventory in 2H22, shares fall
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and