PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER) DAN NET PROFIT MARGIN (NPM) TERHADAP HARGA SAHAM (Studi empiris pada perusahaan manufaktur sub sector makanan dan minuman yang terdaftar di BEI tahun 2016-2020)

Abstrak

The purpose of this study is to determine the effect of financial ratios as measured by Current Ratio (CR), Debt to Eequity Ratio (DER) and Net Profit Margin (NPM) on stock prices on food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange. (IDX) for the 2016-2020 period. The data analysis method used is the multiple linear regression analysis method which previously tested the classical assumptions. Determination of the sample in this study, using quantitative data on the company's annual financial statements for 5 years (2016-2020), until 7 samples of companies were obtained from a population of 25 companies. The results of this study indicate that the Current Ratio (CR) variable has a positive and significant effect on stock prices. Debt to Equity Ratio (DER) has a negative and insignificant effect on stock prices, and Net Profit Margin (NPM) has a positive and insignificant effect on stock prices.