How to move a label with arrow keys?

Question

So I am trying to move a label with arrow keys up and down while it is moving right. I have got a timer moving it right and then teleporting it back to the start when it hit the edge. I have got this code to do it but when I run it it moves right but when I press the arrow keys it isn't working:

public partial class Form1 : Form
{
    public Form1()
    {
        InitializeComponent();
    }

    private void btn_start_Click(object sender, EventArgs e)
    {
        tmr_move.Start();
        lbl_move.Text = "Hello World! I am moving!";
    }

    private void tmr_move_Tick(object sender, KeyEventArgs e)
    {
        lbl_move.Location = new Point(lbl_move.Location.X + 2, lbl_move.Location.Y);

        if (lbl_move.Location.X > this.Width)
        {
            lbl_move.Location = new Point(0 - lbl_move.Width, lbl_move.Location.Y);
        }
        switch (e.KeyCode)
        {
            case Keys.Up:
                lbl_move.Location = new Point(lbl_move.Location.X, lbl_move.Location.Y - 1);
                break;
            case Keys.Down:
                lbl_move.Location = new Point(lbl_move.Location.X, lbl_move.Location.Y + 1);
                break;
        }
    }
}