PENGARUH LIKUIDITAS, PROFITABILITAS DAN NILAI TUKAR TERHADAP HARGA SAHAM PERUSAHAAN BATUBARA YANG TERDAFTAR DI BEI

Abstract

Coal companies is one of the campanies which has quite large export activities. While, the company is a subsector of mining companies which are listed on Indonesia stock exchange. Therefore, this research aimed to examine the effect of liquidity, profitability and exchange rate on stock price od coal companies which were listed on Indonesia stock exchange through its annual financial statement that had been arranged from 2014 into 2018. The research was quantitive with causal comparative as the approach. Morevore, the data were secondary which in form of companies financial statement that taken from Indonesia Stock Exchange (IDX). Furthermore, the data collection technique used saturated sampling. This kind of sampling used all member of population as sample. In live with, there were 9 coal companies as sample. Additionally, the data analysis technique used multiple regression wits SPSS (Statistical Product And Services Solution) 20. The research result concluded partially only profitability had significant effect on stock price. On other hand, liquidity had insignificant effect on stock price. Likewise, exchange rate had insignificant effect stock price.
Keywords: liquidity, profitability, exchange rate, stock price