Why is Virgo Global falling/rising?

As of 29-Jul, Virgo Global Ltd's stock price is currently at 5.56, with no change (0.00%). The stock has experienced a significant decline of 5.28% over the past week, while it has shown a positive return of 15.83% over the last month. However, year-to-date, the stock is down 24.66%, and it has fallen 41.23% over the past year. Today's price summary indicates that the stock's performance is in line with its sector, but it is trading lower than the 5-day, 20-day, 100-day, and 200-day moving averages, despite being higher than the 50-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 39.27% compared to the 5-day average. The company faces significant challenges, including weak long-term fundamental strength, a negative EBITDA, and a poor EBIT to interest ratio, which contribute to its recent price stagnation.
In the broader market context, the stock's performance has been notably worse than the benchmark, as the Sensex has only declined by 1.03% over the past week, while Virgo Global has dropped 5.28%. Over the past year, the stock has underperformed the market significantly, with a return of -41.23% compared to the BSE500's -2.26%. This stark contrast highlights the company's struggles, including a negative return on capital employed and a weak ability to service its debt, which further exacerbates investor concerns. Overall, the combination of weak financial fundamentals and poor market performance has led to a lack of confidence in Virgo Global Ltd, contributing to its declining stock price.