PENGARUHLIKUIDITAS, LEVERAGE, AKTIVITAS,DAN PROFITABILITAS TERHADAP HARGASAHAM PADA PERUSAHAANSEKTOR FARMASIYANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014 - 2018

Abstract

This study aims to determine the effect of liquidity, leverage, activity, and profitability on stock prices in pharmaceutical sector companies listed on the Indonesia stock exchange for the 2014-2018 period, either partially or simultaneously. The financial ratios used are current ratio (CR), debt to equity ratio (DER), total asset turnover (TATO), return on assets (ROA)..

This type of research is quantitative research. Methods of data collection using purposive sampling. Data analysis using multiple linear regression. The results showed that partially CR and TATO variables had a negative effect on stock prices, while DER and ROA had a positive effect. Simultaneously the variables CR, DER, TATO and ROA have an effect on stock prices in pharmaceutical sector companies listed on the Indonesia Stock Exchange for the 2014-2018 period.

The conclusion of this study states that the four hypotheses that have been proposed are proven or the four hypotheses are accepted. This means that Liquidity and Activity have a significant negative effect, Leverage and Profitability have a significant positive effect on stock prices in pharmaceutical sector companies listed on the Indonesia Stock Exchange for the 2014-2018 period.