Following are the stocks trading on Nasdaq that touched 52-week highs on Nov. 29. The new 52-week high indicates a stock is trading at its highest price in the past 52 weeks. This is an important indicator for many investors in determining the current value of a stock or predicting a trend in a stock's performance. One popular strategy employed by stock traders is to purchase companies hitting new highs.

The stocks are Inhibitex, Hi-Tech Pharmacal, Halozyme Therapeutics, Akorn , Magal Security Systems, Hain Celestial, Pharmacyclics, Nortek, Multimedia Games Holding, Landmark Bancorp and Access National.

Inhibitex, Inc. (NASDAQ:INHX) closed at a 52-week high of $13.70, up 20 percent, on a volume of 9.23 million shares after it opened the day's trading at $12.20. The stock touched an intra-day high of $13.94 and low of $12.20. The biotechnology company announced positive results for its experimental hepatitis C drug, INX-189.

Halozyme Therapeutics, Inc. (NASDAQ:HALO) closed at a 52-week high of $9.05 on a volume of about 1.54 million shares after a series of recent insider buys from board member Randall Kirk. The stock touched an intra-day high of $9.06 and a low of $8.64 after opening the day's trading session at $8.72.

Akorn, Inc. (NASDAQ:AKRX) closed at a 52-week high of $10.36 on a volume of about 2.11 million shares after touching an intra-day high of $10.40 and a low of $9.84. The stock opened Tuesday's trading at $9.90.

Magal Security Systems Ltd. (NASDAQ:MAGS) closed at a new 52-week high of $4.43 on a volume of 1.34 million shares after the company swung to a profit from a loss in its third quarter. The company reported net income of $7.1 million, or 61 cents a share, compared with a loss of $0.8 million, or 8 cents a share, last year. Quarterly revenues surged 107 percent to $27.7 million. The stock opened the day's trading at $3.60 and touched an intra-day high of $4.84 and low of $3.20.

The Hain Celestal Group, Inc. (NASDAQ:HAIN) closed at a 52-week high of $37.40 on a volume of 618,000 shares. Its previous high was $37.24.

Pharmacyclics, Inc. (NASDAQ:PCYC) shares closed at a new 52-week high of $14.34. The stock opened at $13.73 and touched an intra-day high of $14.38 and low of $13.65. More than 980,000 shares of the company changed hands on Nov.29.

Shares of Nortek, Inc. (NASDAQ:NTK) closed at a new -52-week high of $21 versus its prior high of $20.50.

Multimedia Games Holding Company Inc. (NASDAQ:MGAM) closed at a new 52-week high of $7.38 on a volume of 189,200 shares after touching an intra-day high of $7.40 and low of $7.08.

Landmark Bancorp, Inc. (NASDAQ:LARK) closed at a 52-week high of $21.48 after it had a 21:20 stock split.

Hi-Tech Pharmacal Co., Inc. (NASDAQ:HITK) closed at a 52-week high of $41.72 on a volume of 457,800 shares. The stock opened at $40.59 and touched an intra-day high of $41.82 and a low of $40.45.

Access National Corp. (NASDAQ:ANCX) closed Tuesday's regular trading session at a 52-week high of $9 on a volume of 50,300 shares. The stock opened the day's trading at $8.70 and touched an intra-day high of $9.25 and a low of $8.70.