Why is City Online Ser. falling/rising?

As of 07-Jul, City Online Services Ltd is experiencing a decline in its stock price, currently at 6.12, which reflects a decrease of 0.23 or 3.62%. The stock has underperformed significantly today, lagging behind its sector by 4.32%. Additionally, it has not traded on one day out of the last 20, indicating erratic trading patterns. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past week, the stock has dropped by 7.27%, and its year-to-date performance shows a decline of 24.82%. The company is facing challenges such as a negative book value, high debt levels, and poor long-term growth metrics, including a net sales decline of 28.30% over the last nine months.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, indicating that the market is relatively stable compared to the significant drop in City Online Services Ltd's stock price. The company's consistent underperformance against the benchmark over the last three years, coupled with a negative PEG ratio and a high debt-to-equity ratio, further exacerbates investor concerns. This underperformance is reflected in the stock's returns, which have been negative in comparison to the benchmark indices, highlighting the company's struggles in maintaining investor confidence amidst a challenging financial landscape.