Why is Picturehouse falling/rising?

As of 18-Aug, Picturehouse Media Ltd's stock is currently priced at 8.03, reflecting an increase of 0.16 or 2.03%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -4.18%. However, over the past month, it has performed well with an increase of 11.99%. The stock's performance today has outperformed its sector by 2.57%. Positive factors include the company's highest quarterly profit after tax and earnings per share, while negative factors highlight a weak long-term fundamental strength due to a negative book value and poor growth in net sales over the last five years.
Broader market context indicates that while Picturehouse has faced challenges, the Sensex has shown a slight increase of 0.83% over the past week. The stock's year-to-date performance is notably poor at -17.64%, contrasting with the Sensex's gain of 4.01%. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume suggests falling investor participation, which could be a concern for future price stability. Overall, while there are some positive indicators, the underlying weaknesses and market conditions contribute to a complex outlook for Picturehouse Media Ltd.