Why is AGS Transact falling/rising?

As of 11-Jun, AGS Transact Technologies Ltd is experiencing a decline in its stock price, currently at 4.95, which reflects a decrease of 0.1 or 1.98%. The stock has underperformed its sector by 3% today and has been on a downward trend for the last six days, resulting in a total return drop of 10.97% during this period. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment. Additionally, the company reported a significant fall in net sales of 40.4% and has declared negative results, with a PAT of Rs -194.26 crore, marking a staggering decline of 8555.3% compared to the previous four-quarter average. The high debt-to-EBITDA ratio of 3.33 times and low return on equity of 0.57% further highlight the company's weak financial position, contributing to the stock's recent decline.
In the broader market context, AGS Transact's performance has been notably poor compared to the benchmark, with a 1-week return of -9.17% against the Sensex's gain of 1.87%. Over the past year, the stock has generated a return of -93.32%, consistently underperforming against the BSE 500 in each of the last three annual periods. This stark contrast in performance underscores the challenges faced by AGS Transact, particularly in light of its negative operating profits and declining investor participation, as evidenced by a 61.87% drop in delivery volume compared to the 5-day average. Overall, the combination of weak fundamentals and poor market performance has led to the stock's continued decline.