PENGARUH LIKUIDITAS, PROFITABILTAS, DAN SOLVABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR

Abstract

This research aimed to find out the effect of proxy of liquidity i.e. Current Ratio (CR), profitability proxy with Return on Asset (ROA) and Earning Per Share (EPS), and solvability proxy with Debt to Equity Ratio (DER) on the stock price at manufacturing companies at Indonesia Stock Exchange. This research was quantutaive in a form of financial data which taken from annual financial statement in a form of balance sheet and loss-profit statement in the sample company which was listed in 2013-2017 periods. The sample collection technique of this research used purposive sampling i.e. sample collection with certain criteria. Furthermore, it obtained 8 sample from 45 population of companies which were listed on LQ45 during 5 years (2013-2017). Meanwhile, the analysis method used multiple linear regressions analysis. The result of this research showed that multiple linear regressions showed that the variables of Current Ratio (CR) and Return on Equity (ROE) gave positif and insignificant effect on the stock price at the manufacturing companies listed on The Indonesia Stock Exchange, while the variables of Earning Per Share (EPS) and Debt to Equity Ratio (DER) gave positif and significant effect on the stock price at manufacturing companies at The Indonesia Stock Exchange.
Keywords: cr, roa, eps, der, stock price.