Why is Ace Integrated falling/rising?

As of 25-Aug, Ace Integrated Solutions Ltd is experiencing a decline in its stock price, currently at 24.04, which reflects a decrease of 0.13 or 0.54%. The stock has underperformed its sector today by 4.85%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 40.2% compared to the 5-day average. Over the past week, the stock has shown a slight increase of 0.71%, but it has underperformed in the longer term, with a 3.45% decline over the past month and a staggering 22.43% drop year-to-date. The company is facing operating losses and has a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -1.30, which contributes to its negative sentiment among investors.
In the broader market context, while the Sensex has shown a modest gain of 0.36% over the past week, Ace Integrated's performance has been notably weaker, reflecting its struggles in comparison to the benchmark. The stock's long-term performance is concerning, with a 30.40% decline over the past year, significantly underperforming the BSE500 index. The company's low profitability, as evidenced by a return on equity of only 3.25%, and negative EBITDA further highlight the risks associated with investing in this stock. Overall, the combination of poor financial fundamentals and underwhelming market performance contributes to the ongoing decline in Ace Integrated's stock price.