PENGARUH KINERJA KEUANGAN TERHADAP HARGA SAHAM PADA SEKTOR PERTAMBANGAN PERUSAHAAN BATU BARA

Abstract

This research is meant to find out the influence of financial performance to the stock price at coal mining sector which is listed in IDX 2012-2016 periods. The financial performance has been used in this research i.e. current ratio, debt to equity ratio, return on assets, return on equity and net profit margin. The research sample is used 8 coal mining companies during the observation periods in 2012 until 2016 which has been selected according to a certain criteria by using purposive sampling method. The analysis technique has been done by using multiple linear regressions analysis. The result of this research shows that current ratio does not give any positive influence to the stock price of coal mining sector company in IDX, debt to equity ratio does not give any negative influence to the stock price in of coal mining sector company in IDX, return on assets give positive influence to the stock price of coal mining sector company in IDX, return on equity give positive influence to the stock price of coal mining sector company in IDX, net profit margin give positive influence to the stock price of coal mining sector company in IDX.
Keywords: Current ratio, Debt to equity ratio, Return on assets and stock price.