Perma-Fix (NASDAQ:PESI), a nuclear waste treatment and clean-up company, has been hit with the perfect storm of bad industry trends and management missteps. PESI has lost money for five quarters in a row. Its stagnant or declining revenue failed to match high expenses of running a business and its management was slow to react to the new reality of reduced government spending and aversion to nuclear power after the Fukushima disaster. It made an unsuccessful acquisition of Safety & Ecology Holdings Corporation (SEHC) in 2011, which added only modestly to the top line, but saddled the company with new debt, unprofitable contracts, lawsuits, and red ink. Despite trading at a fraction of its book value, the company,...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|