Small Cap Consulting Growth Name Seeing Relative Strength
Huron Consulting (HURN) shares of the small cap business services name are staying quite strong relative to the markets and closed just above its 8 EMA Thursday as it tries to clear above monthly value resistance near 145 for a move to highs north of 150 if the markets can stabilize further into April. HURN has hardly budged during the market correction and only closed one day below its 55-day EMA that is still rising in an upslope pattern. HURN had its Investor Day recently and noted that they see opportunities to expand into the upper mid-teen range of 15% to 17%, and they expect to deliver margin increases each year in the range of 50 basis points to 75 basis points.