Seascape Energy Asia plc (LON:SEA – Get Free Report) reached a new 52-week high on Monday following insider buying activity. The company traded as high as GBX 45 ($0.57) and last traded at GBX 39.10 ($0.49), with a volume of 3161211 shares traded. The stock had previously closed at GBX 36.33 ($0.46).
Specifically, insider James Menzies acquired 158,806 shares of the stock in a transaction dated Monday, December 2nd. The stock was acquired at an average price of GBX 38 ($0.48) per share, with a total value of £60,346.28 ($76,378.03).
Seascape Energy Asia Stock Up 7.6 %
The stock has a market cap of £22.33 million, a PE ratio of -217.22 and a beta of 0.12.
About Seascape Energy Asia
Seascape Energy Asia plc, a full-cycle E&P company, focuses on acquiring oil and gas assets in Norway, Malaysia, South-East Asia, and the United Kingdom. The company was formerly known as Longboat Energy plc and changed its name to Seascape Energy Asia plc in September 2024. Seascape Energy Asia plc was incorporated in 2019 and is based in London, the United Kingdom.
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