PENGARUH LIKUIDITAS DAN PROFITABILITAS TERHADAP HARGA SAHAM PERUSAHAAN FOOD AND BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine and analyze the effect of liquidity and profitability on the stock price at Food and beverages companies listed on The Indonesia Stock Exchange. The liquidity ratio was measured by current ratio, profitability ratio was measured by Return On Asset and Return On Equity, meanwhile the stock price used year-end closing price. This research was quantitative. Meanwhile, the research population used food and beverages companies listed on the Indonesia Stock Exchange (IDX) with 38 companies. Furthermore, the research sample collection technique with purposive sampling and obtained 14 companies which fulfilled the predetermined sample criteria. Moreover, the research data analysis technique used multiple linear regression, classic assumption test, model feasibility test, and hypothesis test with SPSS.The research result showed that the variable of current ratio did not have any significant effect on the stock price, on the other hand, the Return On Asset and Return On Equity had a significant effect on the stock price.