Why is Real Eco-Energy falling/rising?

As of 24-Jul, Real Eco-Energy Ltd's stock is currently priced at 5.79, reflecting a decrease of 0.03 or 0.52%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 2.69% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The delivery volume has also decreased significantly, down by 56.82% compared to the 5-day average, suggesting a lack of investor interest. Despite a positive performance in the most recent quarterly results, with the highest PBDIT, PBT, and PAT recorded, the company's long-term fundamentals are weak, characterized by a -29.70% CAGR growth in net sales over the past five years and a poor EBIT to Interest ratio of -0.23, which negatively impacts investor confidence.
In the broader market context, Real Eco-Energy's performance has been notably weaker than the benchmark, with a 1-week return of -0.52% compared to the Sensex's -0.09%. Over the past year, the stock has underperformed significantly, generating a return of -12.30% while the broader market has seen a positive return of 0.99%. This underperformance is compounded by the company's low profitability, as indicated by a Return on Equity of only 3.96%, and a high Price to Book Value ratio of 9.1, which suggests that the stock is overvalued. Consequently, these factors contribute to a negative outlook for the stock, reinforcing its classification as a strong sell.