- Orbital Energy Group has skyrocketed with the clean energy industry after announcing a major solar construction project.
- Orbital has struggled for years with chronic losses and a declining business due to poor demand from the fossil fuel industry.
- Investor hopes of recovery have fueled a substantial rally which has caused its price-to-sales to rise over 8x.
- While OEG's growth outlook improved, the fact remains that underbidding and rising labor costs will make it difficult for the firm to turn a profit.
- A growing number of traders are short-selling OEG and the fundamentals indicate their view may prove correct.
For further details see:
Orbital Energy Group: Solar Generates Hype, But Not Necessarily Profits