PENGARUH SOLVABILITAS, LIKUIDITAS, DAN PROFITABILITAS TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of solvability, liquidity, and profitability on stock price of transportation and logistics companies which were listed on Indonesia Stock Exchange. While solvability was measured by Debt to Equity Ratio (DER), liquidity was measured by Current Ratio (CR), and profitability was measured by Earning Per Share (EPS). Moreover, the data were companies’ annual financial statements during 2016-2020. The data collection technique used purposive sampling. In line with that, there were 12 companies as the research sample. Furthermore, the research was quantitative. Additionally, the data analysis technique used multiple linear regression with SPSS 25. The research result concluded that Debt to Equity Ratio (DER) had a negative and insignificant effect on stock price. On the other hand, Current Ratio (CR) as well as Earning Per Share (EPS) had a positive and significant effect on stock price of transportation and logistics companies which were listed on Indonesia Stock Exchange (IDX) during 2016-2020.
Keywords: solvability, liquidity, profitability, stock price