Why is AGS Transact falling/rising?

As of 14-Jul, AGS Transact Technologies Ltd is experiencing a decline in its stock price, currently at 5.96, which reflects a decrease of 0.12 or 1.97%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.7% during this period. In terms of returns, the stock has shown a modest increase of 0.85% over the past week but has significantly underperformed over the longer term, with a staggering drop of 92.68% over the past year. The company has not declared results in the last six months, indicating weak long-term fundamental strength, and its high Debt to EBITDA ratio of 3.33 times raises concerns about its ability to service debt. Additionally, the company's net sales have plummeted by 40.4%, and the recent negative results have further eroded investor confidence, as evidenced by a 6.82% reduction in promoter stake.
In the broader market context, while the Sensex has shown a positive return of 5.27% year-to-date, AGS Transact's year-to-date performance is starkly negative at -90.94%. The stock's recent performance has also lagged behind the benchmark, underperforming the BSE500 over the last three years, one year, and three months. The decline in delivery volume by 93.71% against the five-day average indicates falling investor participation, which may further contribute to the stock's downward pressure. Overall, the combination of poor financial results, high debt levels, and diminishing promoter confidence has led to a negative sentiment surrounding AGS Transact, resulting in its current price decline.