Analysis of The Effect of Current Ratio And Net Profit Margin on Share Prices In Sub Sector Service Companies Wholesale Trade During The Covid-19 Pandemic Period 2020-2021 (Case Study on The Indonesia Stock Exchange)
DOI:
https://doi.org/10.55587/jla.v3i2.65Keywords:
Current Ratio, Net Profit Margin, Stock PriceAbstract
This study aims to determine the effect of the current ratio and net profit margin on stock prices
carried out by large (wholesale) sub-sector trading service companies listed on the Indonesia Stock
Exchange. The population of this study is a large trading sub-sector (wholesale) service company
listed on the IDX in 2020-2021. The sample was determined based on the purposive sampling method,
as many as 110 companies.
The method used in this study is a quantitative method. This method is used to predict the influence
between one variable and another, in this study, the variables X1 (Current Ratio) and X2 (Net Profit
Margin) are the dependent variable (free) and the Y variable (Stock Price) is the independent variable
(bound). ), the instrument used is secondary data and simple regression analysis is used to analyze
the data.
The results in this study are the variable Current Ratio (CR) has a negative and significant effect on
stock prices, Net Profit Margin (NPM) has a positive and significant effect on stock prices. Current
Ratio (CR) and Net Profit Margin (NPM) together have a significant effect on stock prices. The study
shows that the current ratio has a negative and significant effect on stock prices, net profit margins
have a positive effect on stock prices.
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