Journal Ilmiah Manajemen dan Bisnis ISSN 2460-8424 Volume 8, No. 2, July 2022 , 203- 217 E-ISSN 2655-7274 203 The Influence Of Liquidity And Profitability On Stock Prices Of Food And Beverage Companies Listed In Indonesia Stock Exchange Ermelinda Suryanti Loya 1 , Christina Heti Tri Rahmawati 2 * 1,2 Department of Management, Faculty of Economics, Sanata Dharma University, Yogyakarta, Indonesia *Email: christinaheti.nugroho@yahoo.co.id Abstract The purpose of this study is to determine: (1) the effect of liquidity and profitability simultaneously on stock prices, (2) the effect of partial liquidity on stock prices, 3) the effect of overall profitability partial to stock prices in food and beverage companies listed on IDX for the 2015-2019 period. The population of this study is food and beverage companies listed on IDX for the 2015-2019 period as many as 26 companies. The sample of this research includes 16 companies. Data was obtained using the company's annual report with a sampling technique that is purposive sampling. This study uses data analysis techniques, namely multiple linear regression analysis and uses SPSS Version 25. This study shows the results that: (1) liquidity and profitability simultaneously have a significant effect on stock prices, (2) liquidity partially has no significant effect on stock prices, (3) profitability partially has a significant effect on stock prices in food and beverage companies listed on IDX for the 2015-2019 period. Keywords: Liquidity; Profitability; Stock Prices How to Cite: Loya, E.S.,et.al. (2022). The Influence of Liquidity and Profitability on Stock Prices of Food and Beverage Companies Listed in Indonesia Stock Exchange. Journal Ilmiah Manajemen dan Bisnis, 8(2), 203-217. INTRODUCTION The number of people who have invested in the capital market in recent years has increased. The increasing public interest in investing may be due to the increasing number of companies offering their shares and the increasing public confidence in the capital market. In 2019 the number of investors in the Indonesian capital market was 1.9 million and 952,000 of them were stock investors when compared to the achievement at the end of 2018, the number increased by 19 percent. The total number of investors throughout 2018 was 1.6 million, which grew 44 percent from 2017 which was 1.1 million. In the previous period, IDX recorded an investor growth of 26 percent. In 2018, the number of stock investors reached 854,000. The total is up 36 percent compared to 2017 of 630,000 (Movanita, 2019). The capital market is a trading of securities such as stocks, stock certificates, and bonds (Rokhmatussa'dyah & Suratman, 2010:166). Based on this understanding, the capital market can be said as a place or place that can be used by potential investors to make investments. In addition, shares traded in the capital market become an opportunity for the public to gain more benefit from a company. Article info Article history: Received : 12 February 2022 Received in revised form 6 June 2022 Accepted 25 July 2022 Available online 31 July 2022