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Parity Group – emphasises ‘turnaround success’, what is it meaning financially?

By Steve Moore | Monday 25 July 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Data and technology-focused recruitment and professional services group Parity (PTY) has issued a trading update emphasising “having successfully rebuilt the core recruitment business platform within Parity, we are beginning to see this capability make a positive impact on the performance of the business”. So what’s the financial detail and what of a current more than 6% higher share price response to 8.75p?

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