Why is East WestFreight falling/rising?

As of 08-Jul, East West Freight Carriers Ltd is experiencing a price increase, currently at 6.66, reflecting a change of 0.07 or 1.06% upward. The stock has shown strong performance recently, gaining 13.65% over the last three days and outperforming its sector by 1.29% today. Despite a year-to-date decline of 16.85%, the stock has performed well in the short term, with a 12.31% increase over the past week and a 9.54% rise over the last month. However, it is important to note that the stock has a weak long-term fundamental strength, with a return on capital employed (ROCE) of only 7 and a significant drop in profits by 79.6% over the past year, which may be contributing to investor caution. In the broader market context, while East West Freight has outperformed the Sensex in the short term, the stock has underperformed over the past year, generating negative returns of -9.14% compared to the market's positive return of 1.98%. This disparity highlights the stock's volatility and the challenges it faces in maintaining investor confidence. The significant increase in delivery volume, which rose by 1374.81% against the five-day average, indicates rising investor participation, but the company's high debt-to-EBITDA ratio and low cash reserves suggest underlying financial weaknesses that could impact its long-term viability.