Is asts a good buy now

AST SpaceMobile (ASTS) does not appear to be a good buy at this time based on several financial indicators and market conditions.

1. **Financial Health**: ASTS has a negative net income of $-39.8 million and a negative ROE of -14.97% as of March 31, 2024. This indicates that the company is currently unprofitable and is not generating positive returns on equity.

|Ticker|Name|Total Revenue|ROE(Average)|Net Income|Gross Profit Margin|Dividend Yield (TTM)|Diluted EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|ASTS.O|AST SpaceMobile|500000|-14.9743|-3.9804E7|100||-0.16|20240331|ASTS|186|
|ASTS.O|AST SpaceMobile|||||||20240726|ASTS|186|

2. **Stock Valuation**: The P/E ratio is -49.25, which is not meaningful and suggests that the company is not currently profitable. The P/B ratio of 31.24 is relatively high, indicating that the stock may be overvalued compared to its book value.

3. **Market Performance**: The stock has experienced a significant decline in price, trading at 97.7% below its estimated fair value. This suggests that the market may not have confidence in the company's future prospects.
4. **Revenue and Growth**: ASTS makes less than $1 million in revenue and has less than 1 year of cash runway. This indicates that the company is not generating significant revenue and may have limited time to generate profits.
5. **Analyst Ratings**: Despite a strong buy consensus, the stock has a high downside rating, with a price target that represents a -16.82% change from the last price. This suggests that analysts are divided in their outlook for the stock.
6. **Strategic Developments**: ASTS has recently completed the assembly of its first five commercial satellites, which is a significant milestone. However, the impact of this event on the stock price may have been already priced in.

In conclusion, while ASTS is involved in an innovative space-based cellular broadband network, the company's current financial health, stock valuation, and market conditions do not support a positive investment outlook at this time.