Why is Satchmo Holdings falling/rising?

As of 29-Aug, Satchmo Holdings Ltd is experiencing a slight increase in its stock price, currently at 3.72, with a change of 0.03 or 0.81% up. Today's price summary indicates that the stock has outperformed its sector by 1.88%, although it is trading higher than the 100-day moving averages but lower than the 5-day, 20-day, 50-day, and 200-day moving averages. Despite this positive movement, the company faces significant challenges, including a negative book value and weak long-term fundamental strength, as evidenced by a -23.39% annual growth rate in net sales over the past five years. Additionally, the company has a high debt-to-equity ratio and has reported a negative EBITDA, which raises concerns about its financial stability.
In the broader market context, Satchmo Holdings has underperformed compared to the benchmark, with a year-to-date return of -12.88% against a positive return of +2.14% for the Sensex. Over the past year, the stock has fallen by -30.47%, significantly worse than the market's decline of -2.83%. This stark contrast highlights the company's struggles relative to the overall market, despite some recent positive price movement. The stock's performance reflects a combination of rising investor participation and liquidity, but the underlying financial issues continue to pose risks that may hinder its recovery in the long term.