Seascape Energy Asia (LON:SEA) Reaches New 52-Week High Following Insider Buying Activity

Seascape Energy Asia plc (LON:SEAGet Free Report)’s share price reached a new 52-week high during trading on Monday after an insider bought additional shares in the company. The stock traded as high as GBX 45 ($0.57) and last traded at GBX 39.10 ($0.50), with a volume of 3161211 shares. The stock had previously closed at GBX 36.33 ($0.46).

Specifically, insider James Menzies acquired 158,806 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was bought at an average cost of GBX 38 ($0.48) per share, for a total transaction of £60,346.28 ($76,649.66).

Seascape Energy Asia Stock Performance

The firm has a market cap of £22.33 million, a price-to-earnings ratio of -217.22 and a beta of 0.12.

About Seascape Energy Asia

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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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