Why is Restaurant Brand falling/rising?

As of 23-Jul, Restaurant Brands Asia Ltd is experiencing a decline in its stock price, currently at 84.00, which reflects a decrease of 0.86 or 1.01%. The stock has underperformed its sector today by 1.56% and has fallen after two consecutive days of gains. Despite trading above its moving averages for various periods, the stock's performance over the past year shows a significant decline of 20.98%, and it has consistently underperformed against the benchmark over the last three years. The company's weak long-term fundamental strength, indicated by an average Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of 5.02 times, raises concerns about its ability to service debt and sustain growth. Additionally, while there has been a notable increase in investor participation, the stock's negative operating profits and flat results in March 2025 contribute to its recent downward movement.
In the broader market context, the stock's short-term return of -0.59% over the past week contrasts with the Sensex, which has seen a slight increase of 0.11%. Although the stock has shown a positive return of 4.08% over the past month, it still lags behind the benchmark's 1.01% gain during the same period. The overall market sentiment appears to favor stocks with stronger fundamentals, as evidenced by the Sensex's year-to-date return of 5.87%, compared to Restaurant Brands' decline of 1.01%. This consistent underperformance against the benchmark, coupled with the company's financial challenges, suggests that investor confidence may be waning, further contributing to the stock's current decline.