THE ROLE OF PROFITABILITY AND LEVERAGE IN DETERMINING INDONESIA’S COMPANIES STOCK PRICES
The stock price is one source of funds obtained by the company. Because stock prices reflect changes in investor interest in these shares. Stock prices also change from time to time and investments are carried out with the aim of obtaining profits as expected. Therefore, to achieve these benefits the company must increase the value of the company. The purpose of this study was to analyze the effect of Earning per Share (EPS), Return on Equity (ROE), and Debt to Equity Ratio (DER) on Stock Prices. The data used are secondary data consisting of the audited company's annual financial statements and has complete financial ratios needed in this study. The population in this study is the Wholesale and Retail Trade companies listed on the Indonesia Stock Exchange in 2017-2019. The sampling method used was purposive sampling, obtained by 23 companies for a collection period of 3 years, so that a final sample of 69 research data was obtained. Results of this study indicate that Earnings per Share (EPS) has a significant positive effect on Stock Prices and Debt to Equity Ratio (DER) do not affect the stock price.
Earning Per Share, Debt to Equity Ratio, Stock Price.