WIN-Initiative/Neleman/Stone via Getty Images Investment thesis In June 2021, I wrote an article about Ascent Industries (NASDAQ:ACNT), which was then named Synalloy, as operations were improving significantly after all the disruptions suffered during 2020 when the coronavirus pandemic broke the strong growth trend experienced in 2017, 2018, and 2019, and the share price still traded at 57% below mid-term highs (reached in August 2018). Despite reporting a 17.72% revenue decline year over year in Q1 2021, t ...