PENGARUH LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP HARGA SAHAM PADA PERUSAHAAN FARMASI YANG TERDAFTAR DI BEI

Abstract

This reseach aimed to examine the effect of liquidity, which was referred to current ratio, solvability was referred to debt to equity ratio, and profitability was referred to as the return on asset on the stock price of Pharmacueutical companies that were listed on the Indonesia Stock Exchange. The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 8 samples from 12 Pharmacueutical companies that were listed on Indonesia Stock Exchange during 2016-2020. The data were taken from secomdary data in from of financial statements and annual reports. Furthermore, the data analysis technique used a classical assumpption test and multiple linier regression with SPSS 26. The research result concluded that the current ratio (CR) had a significant effect on the stock price. Likewise, the debt to equity ratio (DER) had a significant effect on the stock price. Similarly, return on asset (ROA) had a significant effect on the stock price.