Company Update (NASDAQ:MOBL): Mobileiron Inc Appoints Simon Biddiscombe Interim Chief Financial Officer
Mobileiron Inc (NASDAQ:MOBL), the leader in mobile enterprise security, today announced that it has appointed Simon Biddiscombe as interim Chief Financial Officer.
Simon brings more than 20 years of management and financial experience to MobileIron. He began his career at PricewaterhouseCoopers LLP where he spent nine years, most recently in the firm’s Silicon Valleytechnology accounting and audit practice. He went on to join Wyle Electronics where he served as Senior Vice President and Chief Financial Officer. Simon’s next role was Vice President for Finance and Controller of the internet infrastructure business of Conexant which became Mindspeed Technologies where he then served for 5 years as Chief Financial Officer. He then spent five years at QLogic Corp. as Chief Financial Officer and Senior Vice President, then as Chief Executive Officer. Simon joins MobileIron from ServiceSource International, Inc. (NASDAQ:SREV) where he served as Interim Chief Financial Officer. (Original Source)
Shares of Mobile Iron closed yesterday at $6.2 . MOBL has a 1-year high of $12.96 and a 1-year low of $5.96. The stock’s 50-day moving average is $8.09 and its 200-day moving average is $8.94.
On the ratings front, Mobile Iron has been the subject of a number of recent research reports. In a report issued on April 23, Morgan Stanley analyst James Faucette downgraded MOBL to Hold. Separately, on March 26, RBC’s Mark Sue initiated coverage with a Buy rating on the stock and has a price target of $13.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, James Faucette and Mark Sue have a total average return of 7.8% and 5.7% respectively. Faucette has a success rate of 66.0% and is ranked #903 out of 3599 analysts, while Sue has a success rate of 59.2% and is ranked #850.
MobileIron Inc provides mobile IT platform for enterprises to secure and manage mobile applications, content and devices.