Why is Real Eco-Energy falling/rising?

As of 23-Sep, Real Eco-Energy Ltd's stock price is currently at 4.99, reflecting an increase of 0.04 or 0.81%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it has outperformed its sector by 1.73% today. However, the stock is trading below its moving averages across various time frames, indicating a generally weak performance. Over the past week, the stock has declined by 4.41%, and it has significantly underperformed the benchmark Sensex, which has seen a slight decline of 0.34%. The company's financial health is concerning, with operating losses and a weak ability to service its debt, reflected in a negative EBIT to Interest ratio of -0.23. Additionally, the stock has generated a return of -42.21% over the past year, despite a 53% increase in profits, highlighting a disconnect between stock performance and profitability.
Broader market context shows that while Real Eco-Energy has experienced a short-term uptick, its long-term performance remains troubling, with a significant decline of 34.60% year-to-date compared to a 5.07% gain in the Sensex. The stock's poor long-term fundamentals, including a low return on equity and high valuation metrics, suggest that the recent price increase may not be sustainable. Furthermore, the stock's liquidity appears adequate for trading, but the majority of shareholders are non-institutional, which may indicate a lack of confidence from institutional investors. Overall, the stock's recent rise seems to be a temporary reaction rather than a sign of recovery, given the underlying financial challenges it faces.