PENGARUH CR, DER, DAN ROA TERHADAP HARGA SAHAM PADA PERUSAHAAN TELEKOMUNIKASI DI BEI
Abstract
This research aimed to examine the effect of current ratio, debt to equity ratio, and return on asset on the stock price at telecommunication company which were listed on Indonesia Stock Exchange. The population of this research used purposive sampling method at telecommunication company which were listed on indonesia stock exchange during 2012-2017 periods. Based on the determined criteria, it obtained 4 telecommunication companies. The analysis method used multiple linear regressions analysis with the instrument of SPSS (statistical product and service solution) 24 version. The data source of this research used official sites of indonesia stock exchange. The result of this research showed that current ratio gave negative and insignificant effect on the stock price. meanwhile return on asset gave positive and significant effect on the stock price with the coefficient was 2.338 and the significance level was 0.030. The simultaneous result of this research showed that current ratio, debt to equity ratio, and return on asset gave significant effect on the stock price with the significance level was 0.005.
Keyword: current ratio, debt to equity ratio, return on asset, stock price.