Why is Zenith Health falling/rising?

As of 17-Sep, Zenith Health Care Ltd's stock price is currently at 4.40, reflecting an increase of 0.06 or 1.38%. The stock has outperformed its sector today by 1.34%, and its current price is higher than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this positive movement, the stock has experienced a significant decline over the past year, with a return of -25.42%. The company is facing challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of 0. Additionally, the stock's profitability is low, with a Return on Equity of only 3.63%. The recent drop in investor participation, with a delivery volume decrease of 17.4%, further complicates its outlook.
In the broader market context, Zenith Health's short-term return of +1.38% over the past week is slightly lower than the benchmark Sensex's return of +1.56%. However, the stock has significantly underperformed the benchmark over longer periods, including a -15.06% return year-to-date compared to the Sensex's +5.83%. This underperformance, coupled with the company's weak long-term fundamentals and negative EBITDA, suggests that while there may be short-term gains, the overall outlook for Zenith Health remains concerning, indicating a potential for continued volatility in its stock price.