Why is Kaiser Corporat. falling/rising?

As of 27-Jun, Kaiser Corporation Ltd's stock price is currently at 8.39, reflecting an increase of 0.23 or 2.82%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 13.23% during this period. It has outperformed its sector by 3.09% today, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these positive short-term movements, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 4.92 times, which indicates a low ability to service debt. Additionally, the company has reported negative profitability metrics, such as a return on equity of only 5.84% and a negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, Kaiser Corporation's short-term performance has been notably strong, with a 6.34% increase over the past week, compared to a 2.00% rise in the Sensex. Over the past month, the stock has increased by 27.12%, while the benchmark has only risen by 3.07%. However, it is important to note that the stock has consistently underperformed against the benchmark over the last three years, with a significant decline of 90.67%. This historical underperformance, coupled with the recent operating losses and declining sales, suggests that while the stock may be experiencing a temporary rise, the long-term outlook remains precarious.