Why is Bodhi Tree falling/rising?

As of 30-Jul, Bodhi Tree Multimedia Ltd's stock price is currently at 8.11, reflecting an increase of 0.06 or 0.75%. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it has outperformed its sector by 1.44% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 16.83% and a one-year drop of 37.15%, the company has reported strong financial performance, with net sales growing by an annual rate of 44.59% and a significant increase in net sales of 138.35% in its latest quarterly results. This positive financial outlook, alongside a healthy return on capital employed (ROCE) of 16.1, suggests that the stock is undervalued compared to its peers, contributing to its recent price movement.
In the broader market context, Bodhi Tree's short-term performance has been slightly negative, with a 1-week return of -1.70%, compared to a benchmark decline of 1.50%. Despite this, the stock's recent price increase may be attributed to rising investor participation, as indicated by an 84.38% increase in delivery volume compared to the 5-day average. This suggests a growing interest in the stock, potentially driven by its strong financial results and attractive valuation metrics. Overall, while the stock has faced significant declines over the past year, the recent positive developments may be fostering a more favorable outlook among investors.