Why is Qgo Finance falling/rising?

As of 19-Sep, Qgo Finance Ltd is currently priced at 45.10, reflecting an increase of 0.31 or 0.69%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.1%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Despite this recent uptick, the stock has underperformed significantly over the past year, with a decline of 30.00%, while its profits have also decreased by 1.7%. The stock's valuation appears attractive with a return on equity of 16.4 and a price-to-book value of 1.7, but its weak long-term fundamentals and falling investor participation, as evidenced by a 38.22% drop in delivery volume, suggest caution.
In the broader market context, Qgo Finance's performance has been notably weaker than the benchmark, with a one-year return of -30.00% compared to the BSE500's decline of only -1.96%. This stark contrast highlights the stock's struggles relative to the overall market, which has seen a slight positive return of 5.74% year-to-date. The stock's recent performance, while slightly improving in the short term, still reflects a significant lag behind market trends, indicating that investors may remain skeptical about its long-term prospects despite the recent gains.