THE EFFECT OF LIQUIDITY RATIO, PROFITABILITY AND SOLVENCY ON STOCK PRICE IN CONSTRUCTION AND BUILDING COMPANIES LISTED ON INDONESIA STOCK EXCHANGE PERIOD 2014-2018
Abstract
The development of infrastructure will certainly have a positive impact on shareholders, it is reflected by government support by raising funds for infrastructure development. These opportunities will certainly affect the price of shares in the property sector including financial performance. Financial performance can be seen from several financial ratios: liquidityratio, profitability, and solvency. Sample in this study as many as 8 companies for 5 years so that in 40 samples. The results of this study simultaneously all variables in this study were affected by the stock price. Partial liquidity variables (CR) do not affect the stock price, profitability (ROA) and (ROE) do not affect the stock price, solvability (EPS) affects the stock price, while DER does not affect the stock price.
Keywords: liquidity, profitability, solvency, the stock price
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