Why is ECS Biztech falling/rising?

As of 18-Jul, ECS Biztech Ltd is currently priced at 8.59, reflecting a decrease of 0.06 or 0.69%. The stock has recently underperformed its sector by 0.55% and has experienced a trend reversal, falling after two consecutive days of gains. Despite a positive performance over the last week (+7.24%) and month (+4.25%), the stock has shown significant long-term underperformance, with a year-to-date decline of 17.64% and a one-year return of -24.18%. The company is facing challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the latest quarterly results indicate a low profit after tax and earnings per share, further impacting investor sentiment.
In the broader market context, while ECS Biztech has shown some short-term gains, it has consistently underperformed against the benchmark, with the BSE500 showing a positive return of 4.63% year-to-date. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting rising investor participation. However, the overall negative outlook due to poor long-term growth and high debt levels continues to weigh on its performance, indicating that despite some short-term fluctuations, the stock's trajectory remains concerning in the context of broader market trends.