Allegiance Bancshares (ABTX) In Focus: Stock Gains 5.5%

Allegiance Bancshares, Inc. ABTX was a big mover Thursday, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $22.83 to $24.67 since Jun 9, 2016.

The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Allegiance Bancshares currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

ALLEGIANCE BCSH Price

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ALLEGIANCE BCSH Price | ALLEGIANCE BCSH Quote

Another well-ranked stock in the Banks-Southeast industry is First Bancorp FBP, which sports a Zacks Rank #1 (Strong Buy).

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