ANALISIS PENGARUH TINGKAT SUKU BUNGA DAN KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA PERUSAHAAN ENERGI YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine and analyze the effect of interest rate and financial performance on the stock price of Energy companies listed on the Indonesian Stock Exchange (IDX). The annual interest rate or average of interest during one year. While the companies’ financial performance was measured by CR, QR, ROA, ROE, NPM, and EPS. The research was explanatory-quantitative. The population was Energy companies listed on IDX. Moreover, the data collection used purposive sampling. In line with that, 25 samples were taken during 4 years (2019-2020). Therefore, the total data were 100. Since there was outlier data, it became 96 data samples. Furthermore, the data were secondary. The data analysis technique used multiple linear regression. The result concluded as follows: (a) interest rate did not affect stock price; (b) CR did not affect stock price; (c) QR did not affect stock price; (d) ROA had a positive effect on stock price; (e) ROE did not affect stock price; (f) NPM had a positive effect on stock price; (g) EPS did not affect stock price.