ProBility Media Corp (OTCMKTS:PBYA) Stock Soars 72%: What’s The Buzz?

ProBility Media Corp (OTCMKTS:PBYA) was in considerable focus among investors yesterday yet again and that led to another massive jump in the company’s stock price.

The ProBility stock managed to deliver gains of as much as 72% yesterday and it was driven by a major development in relation to the company’s subsidiary North American Crane Bureau Group. North American Crane Bureau is involved in providing full service training as well as career advancement skills to skilled professions. Yesterday, it emerged that the company managed to bag a contract with the Ford Motor Co.

The contract is going to be restricted to the Livonia Michigan plant owned by the automobile manufacturing giant. It is a major new development for North American Crane Bureau and by extension for ProBility Media Corp as well.

Hence, it was no surprise that investors piled on to the ProBility stock in a big way on Monday. That being said, it is going to be interesting to see if the stock can sustain the momentum over the coming days. North American Crane Bureau is going to provide its overhead crane and safety program to the automobile manufacturer. Investors could keep an eye on the ProBility stock this morning.

Market Reaction:

On Monday, PBYA stock soared 72% at $0.0103 with more than 1.41 billion shares, compared to its average volume of 178.42 million shares. The stock has moved within a range of $0.0070 – 0.0108 after opening the trade at $0.0080. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0108.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.