Why is Silly Monks falling/rising?

As of 24-Jun, Silly Monks Entertainment Ltd's stock price is currently at 15.95, reflecting an increase of 0.41 or 2.64%. Today's performance indicates that the stock has outperformed its sector by 1.95%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. The stock has shown a mixed performance over various periods, with a 1-week return of +0.69%, but a significant decline of -33.10% year-to-date. Additionally, the company has weak long-term fundamentals, evidenced by a -1.43% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -2.66, indicating challenges in servicing its debt.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, which has returned +0.77% over the same week. However, the stock has consistently underperformed against the benchmark over the last three years, with a -13.03% return in the past year compared to the BSE 500's +6.40%. This consistent underperformance, coupled with a very expensive valuation relative to its peers and low profitability as indicated by a Return on Equity of 0.85%, suggests that investor confidence may be waning despite today's uptick in price.