Why is Flex Foods falling/rising?

As of 11-Sep, Flex Foods Ltd is currently priced at 48.90, reflecting a slight increase of 0.14 or 0.29%. Despite this minor uptick, the stock has shown significant underperformance over various periods, with a 1-week decline of 2.74%, a 1-month drop of 12.41%, and a year-to-date decrease of 32.08%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline, although it remains below all key moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 23.35% compared to the 5-day average. The company's high debt levels, indicated by a debt-equity ratio of 6.1, and negative financial results, including a significant drop in profit before tax and net profit, contribute to its weak long-term fundamental strength.
In the broader market context, Flex Foods has consistently underperformed against the benchmark, with a staggering 64.72% decline over the past year compared to a mere 0.03% increase in the benchmark index. This stark contrast highlights the stock's struggles relative to market performance. While the stock has outperformed its sector by 0.41% today, the overall trend remains negative, compounded by the company's weak profitability and high debt levels. The liquidity of the stock is adequate for trading, but the ongoing financial challenges and historical underperformance suggest that investors remain cautious.