PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP HARGA SAHAM PERUSAHAAN KELAPA SAWIT DI BURSA EFEK INDONESIA PERIODE 2018-2022

Abstract

This research aimed to examine the effect of profitability, likuidity, and leverage on stock price. The profitability was measured by Return On Asset. While liquidity and leverage were measured by the Current Ratio and Debt to Asset Ratio. The research was quantitative. Moreover, the population was palm oil companies listed on the Indonesia Stock Exchange (IDX). Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 10 palm oil companies as the sample. Furthermore, the data were taken for 5 years (2018-2022). Thus, the total data was 50. The data analysis technique used multiple linear regression with SPSS 29. The result showed that profitability had a positive and significant effect on stock price. Likewise, liquidity had a significantly positive effect on stock price. Similarly, leverage had a positive and significant effect on the stock price of palm oil companies listed on IDX.