PENGARUH RASIO PROFITABILITAS, LIKUIDITAS DAN PASAR TERHADAP HARGA SAHAM PERUSAHAAN FOOD AND BEVERAGE

  • Devina Permata Afsari
  • Krido Eko Cahyono
Keywords: profitability, liquidity, market, stock price

Abstract

This research aimed to examine the effect of profitability ratio, liquidity, and market on the stock price. While,
profitability ratio was measured by Return on Total Asset, liquidity ratio was measured by Current Ratio, and
market ratio was measured by Dividend Payout Ratio. Meanwhile, stock price was measured by closing price. The
research was quantitative. Moreover, the population was som Food and Beverages manufacturing companies whice
were listed on Indonesia Stock Exchange (IDX) 2014-2018. Moreover, the data collection technique used purposive
sampling in which the sample was based on criteria given. In line with, there were 9 companies as sample within
five years. Therefore, the total sample were 45 financial statements. In addition, the data analysis technique used
multiple linear regression with SPSS 25. The research result concluded return on total asset had affected the stock
price. Likewise, the dividend payout ratio had affected the stock price. On the hand, the current ratio did not affect
the stock price.
Keywords: profitability, liquidity, market, stock price

Published
2021-02-22