ProBility Media Corp (OTCMKTS:PBYA) Stock Sees Strong Uptrend: Time To Sell?

ProBility Media Corp (OTCMKTS:PBYA)  jumped 32% last week after it released an update regarding its subsidiary One Exam Prep, which focuses on creating a full-service career advancement and training brand for skilled trades witnessing virtual class attendance of around 500%.

 The company also offered a corporate update recently. Between 2016 and January 2018, it had made seven acquisitions, including One Exam Prep, National Electric Wholesale Providers, Contractor Preps, W Marketing, Disco learning Media, North American Crane Bureau, and Cranbury International.

ProBility said that in response to the unfortunate 2018 events, they started restructuring and cost-cutting geared at creating a profit. For example, in Q1 20219, the company cut overage expenses through business consolidation (Disco Learning Media, One Exam Prep, and North American Crane Bureau), electing to be an alternative reporting and doing away with non-profitable assets.

The company continues to cut operating expenses through labor and cost consolidation and paying down debt. So, in the coming months, PBYA is a stock to watch.

Market Reaction:

On Friday, PBYA stock jumped 7.31% at $0.0073 with more than 238.10 million shares, compared to its average volume of 135.70 million shares. The stock had moved within a range of $0.0069 – 0.0087 after opening the trade at $0.0071. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0102.