The Influence Of Profitability, Liquidity And Company Growth On Stock Prices In Construction Services Companies Listed On The Indonesian Stock Exchange Period 2019-2022
Keywords:
Price Earning Ratio (PER), Current Ratio (CR), Assets Growt Ratio (AGR), Closing Price, Stock PriceAbstract
he aim of this research is to determine and analyze the effects of profitability, liquidity and company growth on stock prices. The location of this research is a Construction Services Company listed on the Indonesia Stock Exchange. The profitability variable is measured by the price earnings ratio, the liquidity variable is determined by the current ratio and the company growth variable is measured by the rationality of asset growth. Meanwhile, share prices are measured by closing prices. The companies met the sampling criteria, namely 16 companies, the period taken was from 2019 to 2022, namely 4 years. Thus, there are many samples, namely 64 company financial reports. The analytical method used is panel data regression analysis. The results show that the price partial return ratio (PER) has a positive and significant effect on stock prices. The current ratio (CR) has a positive but insignificant effect on stock prices. Asset Growth Ratio (AGR) has a positive and significant effect on share prices. Meanwhile, simultaneously the partial price profit ratio (PER), Current ratio (CR) and asset growth ratio (AGR) have a positive and significant effect on stock prices. The contribution of influence of all these variables is 55.32%.
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