PENGARUH FINANCIAL LEVERAGE, LIKUIDITAS DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN MAKANAN DAN MINUMAN DI BURSA EFEK INDONESIA.

Abstract

This research aimed to examine the effect of financial leverage, liquidity, and the effect of profitability on stock prices in food and beverage companies on the Indonesia Stock Exchange (IDX) during the 2016-2020 period. Moreover, the research variable Financial Leverage used was proxy with debt to equity ratio, variable Liquidity used was proxy with current ratio, and variable Pofitability used was proxy with return on assets. This research was quantitative. The research population used Food and Beverages companies listed on The Indonesia Stock Exchange. The sample collection technique used the purposive sampling method with 19 companies, with determined criteria which obtained 6 companies sample. Furthermore, the research analysis technique used multiple linear analysis techniques. In addition, the research result showed that the debt to equity ratio had a significant effect on the stock price. Likewise, the current ratio had a significant effect on the stock price. On the other hand, return on assets had a significant effect on the stock price.