Robinhood Ventures Fund I (NYSE:RVI) Trading 16.3% Higher – Still a Buy?

Shares of Robinhood Ventures Fund I (NYSE:RVIGet Free Report) shot up 16.3% during mid-day trading on Tuesday . The stock traded as high as $47.89 and last traded at $47.25. 339,138 shares changed hands during trading, a decline of 55% from the average session volume of 753,350 shares. The stock had previously closed at $40.62.

Robinhood Ventures Fund I Price Performance

The stock has a fifty day moving average of $40.07. The firm has a market cap of $958.92 million, a P/E ratio of -53.42 and a beta of 1.66.

About Robinhood Ventures Fund I

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Robinhood Ventures Fund I is a closed-end investment company. The Fund’s investment objective is to seek long-term capital appreciation.

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