Why is Picturehouse falling/rising?

As of 17-Sep, Picturehouse Media Ltd's stock is currently priced at 8.00, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week return of -4.19%, while it has seen a slight increase of 1.65% over the past month. Today's performance indicates that it has outperformed its sector by 1.19%, and there has been a notable increase in investor participation, with delivery volume rising by 49.75% compared to the 5-day average. However, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by a -68.30% annual growth rate in net sales over the last five years and a debt-to-equity ratio averaging 0 times. The recent financial results have also been disappointing, with a PAT of Rs 0.00 cr reflecting a -100.0% decline compared to previous quarters.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with a 1-year return of -13.98% compared to the Sensex's -0.46%. This stark contrast highlights the stock's struggle to keep pace with market trends, even as the overall market has shown resilience. The company's high debt levels and negative EBITDA further contribute to its risk profile, making it less attractive to investors despite some short-term positive movements. Overall, while there are signs of increased trading activity, the underlying financial health of Picturehouse Media Ltd raises concerns about its long-term viability, leading to a cautious outlook among investors.