Robinhood Ventures Fund I (NYSE:RVI) Trading 8% Higher – Still a Buy?

Robinhood Ventures Fund I (NYSE:RVIGet Free Report)’s stock price shot up 8% on Tuesday . The company traded as high as $49.81 and last traded at $47.20. 397,998 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 573,817 shares. The stock had previously closed at $43.69.

Robinhood Ventures Fund I Price Performance

The firm has a market cap of $1.01 billion, a price-to-earnings ratio of -56.00 and a beta of 1.66.

Robinhood Ventures Fund I Company Profile

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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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