Shares of MedeFile International Inc. hit a new 52-week high today. The stock closed trading at $0.0107 a share, up $0.003 a share, or 38.96% for the day. The surge in the company’s stock is accompanied by an incredible surge in volume – over 53 million shares versus the average trading volume of about 436,000 shares. MedeFile International was mentioned in the QualityStocks Newsletter back on August 21, 2009. At the time, the stock was trading at $0.0006, just above the 52-week low of $0.0004. Since then shares have increased more than 1680% in value.
MedeFile International is a leader in portable electronic medical records management. The company has developed a proprietary system for gathering and digitizing medical records so that individuals can have a comprehensive record of all of their medical visits. The company’s primary product is the MedeFile system, a secure system for gathering and maintaining medical records that can be accessed 24 hours a day, 7 days a week.
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