PENGARUH PROFITABILITAS, LIKUIDITAS, DAN SOLVABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTY AND REAL ESTATE

Abstract

This research aimed to find out, analyze and examined the effect of profitability, liquidity, and
solvability on the stock price at Property and Real estate companies listed on the Indonesia Stock
Exchange in the 2016-2020 periods. Meanwhile, the independent variable i.e., profitability measured
by Return On Assets (ROA), Liquidity measured by Current Ratio (CR), Solvability measured by Debt
to Equity Ratio (DER), meanwhile, the dependent stock price variable used Closing Price. This
research was used quantitatively. The sample collection was conducted with purposive sampling
method from 51 Property and Real Estate listed on Indonesia Stock Exchange in 2016-2020 periods,
was 10 companies fulfilled the determined sample criteria. Moreover, the data analysis technique of
this research used multiple linear regressions, classic assumption test, model feasibility test, and
hypothesis test with SPSS program 25 version. The research result showed that profitability and
liquidity had insignificantly affected the stock price at the property and real estate, meanwhile
solvability had a significant effect on the stock price at Property and Real Estate.