Nutun Limited traded at 117.00 this Tuesday February 3rd, decreasing 3.00 or 2.50 percent since the previous trading session. Looking back, over the last four weeks, Nutun Limited lost 5.41 percent. Over the last 12 months, its price fell by 50.21 percent. Looking ahead, we forecast Nutun Limited to be priced at 116.04 by the end of this quarter and at 107.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nutun Limited, formerly known as Transaction Capital Limited, is an investment holding company that identifies and invests in alternative asset classes. The Company identifies, invests in, and operates a diversified portfolio of high-potential businesses. Its segments include Mobalyz and Nutun. The Mobalyz segment operates in two distinct areas, namely: the SA Taxi lending business and the Mobalyz services business, which is focused on offering services to third party vehicle asset finance (VAF) players. The Mobalyz segment includes SA Taxi, Gomo and Value-Added Services (Road Cover). SA Taxi is a vertically integrated minibus taxi platform utilizing specialist capabilities, data and technology. The Nutun segment delivers an augmented suite of digital customer services comprising capital-enabled services (CE services) and capital-light customer experience management services (CXM services). Through CE services, Nutun mainly acts as a principal in acquiring and then collecting on non-performing loan (NPL) portfolios.