This study seeks to examine the influence of profitability and liquidity on
stock returns in PT. The study method utilized is a quantitative approach,
specifically employing multiple linear regression analysis. To The stock
return variable is calculated by determining the difference between the
current year's stock price and the previous year's stock price, thereafter
dividing this difference by the prior year's yearly price. The profitability
variable is assessed using ROA, while the liquidity variable is evaluated using
CR. This research was conducted on PT. Kimia Farma Tbk, utilizing the
yearly financial reports from the IDX for the period 2019-2023. The study's
findings demonstrated that neither profitability nor liquidity characteristics
significantly influenced stock retums. And simultaneously the profitability
and liquidity variables do not significantly affect stock returns, as their
significance values are negligible. Consequently, variations in profitability
and liquidity quality do not influence the company's stock return rate.

Link Publikasi : https://irdhjournals.com/ijmb/article/view/77/84