Why is Jet Freight falling/rising?

As of 12-Sep, Jet Freight Logistics Ltd is experiencing a decline in its stock price, currently at 13.14, reflecting a decrease of 0.2 or 1.5%. The stock has underperformed its sector today by 1.3% and has been on a consecutive downward trend for the past two days, resulting in a total drop of 3.74% during this period. Over the last week, the stock has decreased by 0.98%, and it has shown a significant decline of 28.93% year-to-date. Despite a rise in profits by 21.2% over the past year, the stock has generated a return of -30.48%, indicating weak performance. The company has a high Debt to EBITDA ratio of 5.33 times, which suggests a low ability to service its debt, further contributing to the negative sentiment around the stock.
In the broader market context, Jet Freight's recent performance contrasts sharply with the Sensex, which has gained 1.48% over the past week and 4.82% year-to-date. This underperformance is indicative of the stock's struggles, particularly in light of its weak long-term fundamentals, including a -4.71% CAGR growth in net sales over the last five years. The stock's trading at a discount compared to its peers' average historical valuations may not be enough to offset the negative investor sentiment stemming from its poor financial metrics and recent negative results. Overall, the combination of declining stock performance, high debt levels, and weak sales growth has led to a bearish outlook for Jet Freight.