Open AccessEFFECT OF CURRENT RATIO, TOTAL ASSET TURNOVER, AND EARNINGS PER SHARE ON STOCK PRICES IN BANKING SUB-SECTORS LISTED ON THE INDONESIA STOCK EXCHANGE 2018-2019
Author(s) -
Redy Herinanto Albertus
Publication year - 2021
Publication title -
strategic management business journal
Language(s) - English
Resource type - Journals
ISSN - 2775-6572
DOI - 10.55751/smbj.v1i02.19
Subject(s) - stock exchange , earnings per share , price–earnings ratio , asset turnover , stock (firearms) , current ratio , monetary economics , business , earnings , growth stock , nonprobability sampling , financial system , economics , population , econometrics , restricted stock , finance , stock market , return on assets , biology , mechanical engineering , paleontology , horse , engineering , demography , sociology
The purpose of this study was to determine the effect of the variable current ratio, total asset turnover, and earnings per share on stock prices in banking sub-sector companies listed on the Indonesia Stock Exchange in 2018-2019. With a population of 46 companies, a sample of 44 companies was taken obtained through purposive sampling method. By using multiple linear regression analysis, it can be seen that partially current ratio has a positive and significant effect on stock prices, earnings per share has a positive and significant effect on stock prices, and the total asset turnover variable has a positive but not significant effect on stock prices. Simultaneously current ratio, total asset turnover and earnings per share have a significant effect on stock prices.