Why is AGS Transact falling/rising?

As of 29-Jul, AGS Transact Technologies Ltd is currently priced at 5.01, reflecting a decrease of 0.1 or 1.96%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.84% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume plummeting by 82.35% compared to the 5-day average. The company's financial health is concerning, as it has not declared results in the last six months, has a high Debt to EBITDA ratio of 3.33 times, and reported a staggering 40.4% fall in net sales, leading to a very negative PAT of Rs -194.26 crore.
In the broader market context, AGS Transact's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.65% compared to the Sensex's decline of only 1.03%. This underperformance is compounded by the company's weak long-term fundamentals, including a return on equity of just 0.57% and a significant drop in promoter confidence, as they have reduced their stake by 6.82%. Overall, the stock's poor financial results, declining investor interest, and lack of positive momentum contribute to its ongoing decline in price.