PENGARUH LIKUIDITAS, NILAI TUKAR, DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN FOOD AND BEVERAGE PERIODE 2017-2021

Abstract

There are several things that must be considered in making investment decisions. One of the things that must be considered is the stock price. The share price is the price that occurs on the stock exchange market at a certain time and the share price is determined by market participants. This research aimed to find out, examine, and analyze the effect of liquidity, exchange rate, and profitability on the stock price of Food and Beverage companies. Liquidity was measured by Current Ratio, exchange rate was measured by the average of exchange rate in one year, and profitability was measured by Return On Asset. The research was causal-comparative with a quantitative approach. Moreover, the population was Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) 2017-2021. The data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, 8 Food and Beverage companies were listed on IDX as the sample. Furthermore, the data analysis technique used multiple linear regression with SPSS 26. The result concluded that both liquidity and profitability had a significant effect on stock price. On the other hand, the exchange rate had an insignificant effect on the stock price.