Why is Real Eco-Energy falling/rising?

As of 17-Jul, Real Eco-Energy Ltd's stock price is currently at 5.82, reflecting a decrease of 0.11 or 1.85%. The stock has been underperforming, as indicated by its performance today, where it lagged behind its sector by 2.81%. It has experienced a consecutive decline over the last two days, totaling a drop of 2.18%. Additionally, the stock is trading below its moving averages across various time frames, which suggests a bearish trend. Despite some positive quarterly results, such as the highest PBDIT and PAT recorded, the company faces significant challenges, including a weak long-term fundamental strength with a -29.70% CAGR growth in net sales over the past five years and a poor EBIT to Interest ratio of -0.23, contributing to its recent price decline.
In the broader market context, Real Eco-Energy's short-term performance has been notably worse than the benchmark, with a 1-week return of -2.84% compared to the Sensex's -1.12%. Over the past year, while the broader market has generated a return of 0.26%, Real Eco-Energy has significantly underperformed with a return of -13.78%. This underperformance is compounded by a low return on equity of 3.96%, indicating low profitability relative to shareholders' funds, and a high price-to-book value ratio of 9.1, suggesting that the stock is overvalued. Overall, these factors contribute to a negative sentiment surrounding the stock, leading to its current downward price movement.