Why is Decipher Labs falling/rising?

As of 16-Jul, Decipher Labs Ltd is experiencing a slight decline in its stock price, currently at 11.76, down by 0.03 or 0.25%. The stock's performance today is in line with its sector, but it has shown a concerning trend with a significant drop in investor participation, as evidenced by a 52.25% decrease in delivery volume compared to the 5-day average. Over the past week, the stock has gained 2.26%, and over the past month, it has increased by 3.25%. However, the year-to-date performance is troubling, with a decline of 21.34%, and a staggering 32.88% drop over the past year. The company's financial health is also a concern, as it has reported operating losses and a weak ability to service its debt, alongside a significant fall in net sales of 66.95% and negative results for the last three consecutive quarters.
In the broader market context, while Decipher Labs has shown some short-term gains, it has consistently underperformed against the benchmark, with a 3-year return of -71.25% compared to the Sensex's 53.71% gain. This underperformance highlights the stock's riskiness, especially given its negative EBITDA and poor profitability metrics. The company's weak fundamentals, including a low return on capital employed and declining cash reserves, further exacerbate its challenges in attracting investor confidence, contributing to the stock's overall downward trend.