Why is Real Eco-Energy falling/rising?

As of 02-Sep, Real Eco-Energy Ltd's stock is currently priced at 4.78, reflecting a slight increase of 0.02 or 0.42%. Despite this minor uptick, the stock has been underperforming significantly, with a one-week decline of 10.65% and a one-month drop of 15.99%. Today's performance indicates that it has underperformed its sector by 0.63%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The company is facing substantial challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -0.23. Furthermore, the stock's return on equity is low at 3.96%, and it has reported a significant drop in profit after tax, falling by 527.8% compared to the previous four-quarter average.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date decline of 37.35% against a 2.58% increase in the Sensex. Over the past year, Real Eco-Energy has generated a return of -27.82%, which is significantly lower than the broader market's performance. This underperformance is compounded by the fact that the company has a very expensive valuation with a price-to-book value of 7.5, indicating that investors may be cautious about its long-term prospects. Despite a recent increase in investor participation, the overall sentiment remains negative due to the company's weak financial fundamentals and below-par performance in both the short and long term.