How is Coles (ASX:COL) share price moving?

2 min read | June 03, 2022 06:44 AM BST | By Sukriti Nair

Highlights

  • 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.

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