Why is Seacoast Ship. falling/rising?

As of 07-Jul, Seacoast Shipping Services Ltd is experiencing a decline in its stock price, currently at 2.51, which reflects a decrease of 0.13 or 4.92%. The stock has underperformed its sector today and has shown erratic trading patterns, not trading on 4 out of the last 20 days. It is trading below all its moving averages, indicating a bearish trend. Over the past month, the stock has dropped by 9.71%, and it has significantly underperformed the benchmark Sensex, which has gained 1.53% in the same period. While there were positive results reported in June, including a substantial growth in profit after tax and net sales, the lack of declared results in the last six months raises concerns about the company's long-term fundamental strength, contributing to its current downward movement.
In the broader market context, the stock's performance has been notably poor compared to the Sensex, which has shown a year-to-date increase of 6.79%. The stock's return over the past year is a staggering -49.09%, contrasting sharply with the benchmark's modest gain of 4.31%. This stark difference highlights the stock's underperformance not only in the long term but also in the near term, as it has consistently lagged behind the broader market indices. The combination of weak trading patterns, lack of recent results, and significant historical underperformance suggests that investor sentiment remains negative, further driving the stock's decline.