Watch List Stock News: Allegiance Bancshares (NASDAQ:ABTX)

Allegiance Bancshares (NASDAQ:ABTX) is now trading -41.77% off 52-week high price. On the other end, the stock has been noted 8.62% away from the low price over the last 52-weeks. The stock changed 1.02% to recent value of $22.68. The stock transacted 53787 shares during most recent day however it has an average volume of 113.20K shares. The company has 21.38M of outstanding shares and 18.67M shares were floated in the market.

On April 24, 2020, Allegiance Bancshares (NASDAQ:ABTX) the holding company of Allegiance Bank, declared the addition of Ms. Denise Castillo-Rhodes and Ms. Janet S. Wong to Allegiance’s Board of Directors. I am very pleased that Ms. Castillo-Rhodes and Ms. Wong have agreed to join our Board, said George Martinez, Chairman of Allegiance.

Ms. Castillo-Rhodes is currently the Executive Vice President and Chief Financial Officer of Texas Medical Center, where she oversees accounting, finance, billing and collections and tax compliance. Ms. Castillo-Rhodes is a certified public accountant and a member of the American Institute of Certified Accountants, the Texas Society of Certified Public Accountants and the Houston Chapter of Certified Public Accountants. Ms. Castillo-Rhodes’ professional experience as a financial executive and other leadership experience qualify her to provide pertinent guidance to Allegiance’s board, as well as the Audit Committee.

Ms. Wong is a licensed Certified Public Accountant and has more than 30 years of public accounting experience. She is a retired partner with KPMG, an international professional services firm, where she has extensive industry experience in technology, manufacturing, financial services and consumer products. Since 2013, Ms. Wong has served as a National Executive Advisor for Ascend, a nonprofit professional organization that enables its members, corporate partners and the community to realize the leadership potential of Asians in global corporations, where she leads the largest network of Asian corporate board directors serving U.S. boards and facilitates leadership programs to Fortune 500 and professional services companies throughout the U.S. In 2015, she was elected to the Board of Directors of Enviva Partners (NYSE: EVA) and also serves as their Audit Committee Chair. Ms. Wong’s audit expertise and her professional and leadership experience qualify her to serve on Allegiance’s board, as well as on the Audit and Corporate Governance and Nominating Committees.

Its earnings per share (EPS) expected to touch remained 4.50% for this year.

The price moved ahead of -3.17% from the mean of 20 days, -19.27% from mean of 50 days SMA and performed -31.55% from mean of 200 days price. Company’s performance for the week was -2.03%, -5.62% for month and YTD performance remained -39.68%.

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