COL News: Is Coles Group Limited's (ASX:COL) Recent Stock Performance Influenced By Its Financials In Any Way? - 7th Jul 2022, 6:27am

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Coles Group's (ASX:COL) stock up by 4.8% over the past month. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to investigate if the company's decent financials had a hand to play in the recent price move. Particularly, we will be paying attention to Coles Group's ROE today.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In sh...

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